lay off


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Related to lay off: Laid Off
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Depending on how long the lay off lasts, an employee will have a number of options and these will include: * Claim a statutory guarantee payment * Claim constructive unfair dismissal * Claim compensation for breach of contract * Accept the lay off as a variation of the contract * Use the special procedure to claim Statutory Redundancy Payments * Claim social security benefits Q.
After having to close the doors to its school and lay off its main company in September 2004 because of a $2.
Here's how it works: Let's say your firm has 100 employees and finds it necessary to lay off 20.
But few could have guessed how bad things would get as the attacks have forced hotels to lay off staff and slash room rates.
Australian ERP software developer Mincom Pty Ltd is to lay off 110 employees, or almost 10% of its workforce, in preparation for a Nasdaq listing later this year.
The 1996 Labor Agreement contains a Job Security Agreement that permits the company to lay off only under certain conditions.
Company spokesman Mr Min Kyung-hwan said management would not back away from its plan to lay off redundant workers.
For example, if you hire three third-year engineering students from the same co-op program every term for several years and then suddenly lay off the current crop, there is likely to be a high cost in replacing this source of skilled staff in future.
Additionally, internal documents created by the Bosch Vice-President of Benefits and Compensation discussed "missing the opportunity" to lay off employees so as to avoid paying plant closing benefits.
Global Banking News-2 March 2009-Fiat to lay off workers at Mirafiori plant(C)2009 ENPublishing - http://www.
A genuine lay off is not a redundancy and an employee who has been laid off by his/her employer is still employed by that employer.
Fiat Group SpA (Fiat) (NYSE: FIA) (ISE: IT0001976403), an Italy-based automaker, is planning to lay off white-collar workers.
Around 130 employees at a processing plant in Great Witchingham, in Norfolk, will be stood down for 20 days from today, but the firm is preparing to lay off a total of 500 workers, according to the Transport and General Workers Union.
The airline said in September, when it filed for Chapter 11 bankruptcy protection, that it would lay off 1,400 flight attendants and 900 were laid off that month, Bloomberg reported.
We are certainly not pleased that we need to lay off employees.