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Between 44% and 48% of workers with FSA funds forfeited at least part of their contributions between 2019 and 2020, according to an analysis from the Employee Benefits Research Institute (EBRI ...
The number of layoffs fell, suggesting that Americans enjoy unusual job security. ... not bad but down from 251,000 in 2023, 377,000 in 2022 and a record 604,000 in 2021. ... In Other News.
“They've made things unaffordable in the state and it's all the result of bad public pol ... New state data shows at least 14,723 Illinoisans lost their jobs due to mass layoffs in 2024, with ...
The most common type of flexible spending account, the medical expense FSA (also medical FSA or health FSA), is similar to a health savings account (HSA) or a health reimbursement account (HRA). However, while HSAs and HRAs are almost exclusively used as components of a consumer-driven health care plan, medical FSAs are commonly offered with ...
Peloton, which started its layoffs in February, has had to backpedal after its quick success, when gyms were closed in 2020. The company has eliminated about 3,000 jobs since, according to NPR.
The Worker Adjustment and Retraining Notification Act of 1988 (the "WARN Act") is a U.S. labor law that protects employees, their families, and communities by requiring most employers with 100 or more employees to provide notification 60 calendar days in advance of planned closings and mass layoffs of employees. [1]
Wells Fargo’s continued layoffs come as no surprise. The San Francisco-based bank's CEO, Charlie Scharf, announced in late 2023 that the company was anticipating severance costs of nearly $1 ...
The layoffs impacted less than 1 percent of the global Amazon customer service workforce, the company said, but it was unclear what percentage of the customer service division's management team ...