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A less severe form of involuntary termination is often referred to as a layoff (also redundancy or being made redundant in British English). A layoff is usually not strictly related to personal performance but instead due to economic cycles or the company's need to restructure itself, the firm itself going out of business, or a change in the function of the employer (for example, a certain ...
Research on downsizing in the US, [6] UK, [7] [8] [9] and Japan [10] [11] suggests that downsizing is being regarded by management as one of the preferred routes to help declining organizations, cutting unnecessary costs, and improve organizational performance. [12] Usually a layoff occurs as a cost-cutting measure. A study of 391 downsizing ...
In 2002, the Court of Appeal ruled in a case brought by staff employed at Albion's Farington site in Lancashire, Albion Automotive Ltd w. Walker and others, [1] that a contractual term entitling employees to an enhanced redundancy payment could be implied into the employees' contracts of employment based on the employer's custom and practice.
The Redundant Mineworkers and Concessionary Coal (Payments Schemes) Order 1973 provided for three new types of benefits, including "lump sums based on length of service for men redundant between age 35 and 55, and for men over 55 who due to lack of service in the industry do not qualify for basic benefit; a new benefit equivalent to the current ...
After being made redundant, he worked in the foreign currency trading rooms of various banks, including the Bank of Iran and Marine Midland. [1] [15] [16] In 1982-89, he was Chief Dealer at SCF Equity Services. [19] By 1989, Cruddas had become the head foreign exchange dealer at the London branch of the Jordanian-based Petra Bank. [20]
On 11 July 2014, Bromby and Under 18's manager Richard Naylor were made redundant by owner Massimo Cellino. On 4 August 2014, Bromby joined Huddersfield Town as Professional Development Coach. He served a time as Academy Manager and was appointed as the club's new Head of Football Operations at the completion of the 2019/20 season.
In decision making and psychology, decision fatigue refers to the deteriorating quality of decisions made by an individual after a long session of decision making. [1] [2] It is now understood as one of the causes of irrational trade-offs in decision making. [2] Decision fatigue may also lead to consumers making poor choices with their purchases.
As part of the deal the coal company agreed to transport a proportion of its coal by canal although this requirement lapsed early in the twentieth century. However, the swing bridge continued in use until the mid-1960s, its hand-winding apparatus having been made redundant on 1 January 1963, when the canal closed.