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In addition to the WARN Act, which is a federal law, several states have enacted similar acts that require advance notice or severance payments to employees facing job loss from a mass layoff or plant closing. For example, California requires advance notice for plant closings, layoffs, and relocations of 50 or more employees regardless of ...
The Texas-based company, which licensed its alarm-monitoring and security services to Brinks Home Security, announced that it would lay off 81 Rhode Island employees. Notice date: Jan. 4.
A former Paramount Global employee who was laid off in the company’s round of cuts last week alleged in a lawsuit that he wasn’t provided legally required advance notice of the layoffs.
Layoffs and other workforce reductions are continuing in 2025, following two years of significant job cuts across tech, media, finance, manufacturing, retail, and energy.
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.
Horseheads-based Hardinge Inc. confirmed it will be closing its Super-Precision Division as of Aug. 9, resulting in 31 employees losing their jobs.
Contractor Northrop Grumman could lay off as many as 550 workers in Redondo Beach and Manhattan Beach, following a round of layoffs earlier this year. ... employees with advanced notice and have ...
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