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In addition to the WARN Act, which is a federal law, several states have enacted similar acts that require advance notice or severance payments to employees facing job loss from a mass layoff or plant closing. For example, California requires advance notice for plant closings, layoffs, and relocations of 50 or more employees regardless of ...
So far this year, 6 companies have filed WARN notices for mass layoffs of RI-based workers, but several did not result in jobs lost. ... Notice date: Aug. 18. More: ...
Job cuts could affect the IRS' work to process upcoming tax returns, according to The New York Times, which first reported the expected layoffs. Office of Personnel Management loses dozens of workers
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.
An example of cause would be an employee's behavior which constitutes a fundamental breach of the terms of the employment contract. Where cause exists, the employer can dismiss the employee without providing any notice. If no cause exists yet the employer dismisses without providing lawful notice, then the dismissal is a wrongful dismissal.
It applies to those that filed certain Forms 1040, 1120, 1041 and 990-T income tax returns with an assessed tax of less than $100,000, and that were either in the IRS collection notice process or ...
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 ...
The IRS, in an effort to close loop holes which allow companies to hire temporary employees and thus avoid federal employee taxes have created a very clear definition of a "Common Law Employee" versus a "permatemp". The IRS definition of a common law employee rests on who actually controls the work done by the leased employee.