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  2. Worker Adjustment and Retraining Notification Act of 1988

    en.wikipedia.org/wiki/Worker_Adjustment_and...

    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]

  3. Taxes 2023: What Does a Layoff Mean For Your Taxes? - AOL

    www.aol.com/finance/taxes-2023-does-layoff-mean...

    Layoffs were an unfortunate reality for many people last year. According to Trading Economics, employers planned to cut 363,824 jobs in 2022. In November alone, 76,835 jobs were lost. The tech ...

  4. What's the Difference Between Furlough vs Layoff on Your Taxes?

    www.aol.com/whats-difference-between-furlough-vs...

    Both situations have tax implications to keep in mind, including reporting unemployment benefits on your federal income tax return. Watch this TurboTax tax tip video to learn more about filing ...

  5. Severance package - Wikipedia

    en.wikipedia.org/wiki/Severance_package

    Where any employee obtains lump-sum compensation income (including economic compensation, living allowances and other subsidies granted by an employer) from the employer's termination of labor relationship with him/her, the part of the income which is no more than three times the average wage amount of employees in the local area in the ...

  6. Employee Retirement Income Security Act of 1974 - Wikipedia

    en.wikipedia.org/wiki/Employee_Retirement_Income...

    The Employee Retirement Income Security Act of 1974 (ERISA) (Pub. L. 93–406, 88 Stat. 829, enacted September 2, 1974, codified in part at 29 U.S.C. ch. 18) is a U.S. federal tax and labor law that establishes minimum standards for pension plans in private industry.

  7. Boeing starts issuing layoff notices as planemaker trims 10% ...

    www.aol.com/news/boeing-starts-issuing-layoff...

    WASHINGTON (Reuters) -Boeing said on Wednesday it is issuing layoff notices starting this week to workers impacted by a broader plan by the heavily indebted planemaker to cut 17,000 jobs, or 10% ...

  8. United States labor law - Wikipedia

    en.wikipedia.org/wiki/United_States_labor_law

    Over the 20th century, federal law created minimum social and economic rights, and encouraged state laws to go beyond the minimum to favor employees. [4] The Fair Labor Standards Act of 1938 requires a federal minimum wage , currently $7.25 but higher in 29 states and D.C., and discourages working weeks over 40 hours through time-and-a-half ...

  9. Musk’s Latest Layoffs Add to Mass Job Cuts in US – Tax Rules ...

    www.aol.com/finance/severance-package-taxed...

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