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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]
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G-, S-, T- and X-series of sport watches present an era when products with number 3 were described as entry level, number 6 as advanced and 9 as professional or high-end. Suunto Vector was the world's first outdoor watch with ABC (altimeter, barometer and compass) functions. Released in 1998, it was available almost unchanged until it was ...
Sep. 26—ST. PETER — Alumacraft notified the state of the permanent layoff of 68 employees at its St. Peter plant as there has been a softening of sales in the marine industry. Just over 200 ...
Microsoft will lay off roughly 1,900 people in its gaming division, according to a company memo seen by CNBC.The cuts come in conjunction with Blizzard president Mike Ybarra announcing he would ...
The first key system developed by Northern Telecom in the early 1980s was the Vantage TDD system. Unlike the success of the SL1 system, the Vantage system did not catch with the business environment and the Meridian Norstar was developed as its replacement. In 1988, Nortel developed the Meridian Norstar system.
U.S. military chip maker Mercury Systems Inc is locked in an unusual dispute with its former chief executive who is demanding a payout, most recently valued at $33 million, because the company ...
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.