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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 ...
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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 ...
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The layoffs will eliminate 8.2% of its 8,000 customer service-related positions for a total of 656 employees, who are not represented by a union, according to Bloomberg.
The company said “a few dozen” employees in customer service are having their jobs eliminated, and “roughly 20%” of credit department employees were informed "their roles will change or be ...