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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]
Originally, layoff referred exclusively to a temporary interruption in work, or employment [3] but this has evolved to a permanent elimination of a position in both British and US English, [1] [failed verification] requiring the addition of "temporary" to specify the original meaning of the word. A layoff is not to be confused with wrongful ...
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 ...
23. Sun Microsystems ... Slow sales in 2008 caused 10,000 layoffs in early 2009. The fact that the firm's flagship Dreamliner 787 delivery has been delayed half a dozen times didn't help matters.
This is a list of abbreviations used in law and legal documents. It is common practice in legal documents to cite other publications by using standard abbreviations for the title of each source. Abbreviations may also be found for common words or legal phrases.
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 ...
Download QR code; Print/export Download as PDF; Printable version; In other projects ... Just cause (employment law) L. Layoff; LIFO (education) M. Military discharge; N.
(Reuters) -CVS Health said on Tuesday it would lay off about 2,900 employees, representing less than 1% of its workforce, as the healthcare conglomerate aims to cut costs.