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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 ...
The way layoffs affect the economy varies from the industry that is doing the layoffs and the size of the layoff. If an industry that employs a majority of a region (freight in the northeast for example) suffers and has to lay employees off, there will be mass unemployment in an economically rich area.
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]
Firms announced 72,821 layoffs last month, down 4% from the 75,891 announced in August, which had been the highest since March, outplacement firm Challenger, Gray and Christmas said. That increase ...
West Des Moines-based Innovation Refunds has announced another round of layoffs, this time paring its workforce by 44 workers. It said the reduction in staff was effective Feb. 22.
While the main formal term for ending someone's employment is "dismissal", there are a number of colloquial or euphemistic expressions for the same action. "Firing" is a common colloquial term in the English language (particularly used in the U.S. and Canada), which may have originated in the 1910s at the National Cash Register Company. [2]
The free OpenOffice.org 3.0, with the same functionality as StarOffice 9, could also be used. Sun also offered free web-based training and an online tutorial for students and teachers, free support services for teachers (including educational templates for StarOffice) and significantly discounted technical support for schools. [citation needed]
The past year was a turning (and at times tipping) point in the white-collar workforce, which was rife with layoffs and return-to-office mandates. At the center of it all: the middle manager.