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The Downtown skyline is visible behind the Indeed Tower on Sunday, July 16, 2023 in Austin. The Austin-based job search company Indeed cut 2,200 jobs in early 2023.
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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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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Porch offers access to more than 160 different home services offerings through Porch.com associates. [9] The company facilitated over 2 million home-related projects in 2017, [10] generating almost $1 billion in revenue. [11] Porch became a public company via a special purpose acquisition company merger in December 2020, and was listed on the ...