Carrier provided tuition money to laid off employees who wanted to start a new career.
The problem today is not that companies are laying off employees in pursuit of profits.
Laid-off employees are now routinely asked to waive their rights under WARN in exchange for whatever severance they do get.
The schemes combined profligacy and inequity by directing benefits mainly to a small elite of better-off employees.
"The practice goes back to day one, of not laying off employees for lack of work, " he says.
The venture-backed company is laying off employees, and top executives have left the company recently, the newspaper reported.
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Laid-off employees will collect up to 90% of their income for six months.
Already, banks like Lehman and Bear Stearns have been laying off employees in units hardest hit by the crisis.
Thursday was the last day for laid-off employees to report to their workstations.
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The tax will force companies to lay off employees, cut back on research and development, or diminish capital investment.
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Those who are surviving so far have cut back production, laid off employees or suspended plans to build more factories.
Total deployed wind capacity would have certainly been lower, and bankruptcies, shuttered projects, and laid-off employees far higher without the program.
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Previously, laid-off employees received two weeks of severance pay for each year at the company, up to 26 weeks of pay.
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The only way to save money would be to furlough or lay off employees, slowing down drug approvals and safety inspections.
Similarly, because most wages are denominated in dollars and workers resist nominal wage cuts, deflation can force employers to lay off employees.
These were five companies that, despite the dramatic U.S. economic slump, had managed to grow profits and sales without laying off employees.
The board ran out of patience with Thoman, who had bungled two restructurings and turned off employees with his remote management style.
They created self-contained corporate villages that cut off employees from outside influences.
This is intended to ease the cost burden on employers and to avoid putting off employees by cutting their wages too sharply.
Employers have been grappling with the issue of whether FICA tax is due on severance payments to laid-off employees for a long time.
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If sales are down or costs go up unexpectedly, I may have to lay off employees quickly or the business will go under.
Fourth, if Congress fails to act soon, clean energy companies will see their taxes go up and could be forced to lay off employees.
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But also such leaders must navigate between the lesser of two bad options, e.g. closing a facility, laying off employees or cutting wages and salaries.
Second, if Congress fails to act soon, clean energy companies will see their taxes go up and they could be forced to lay off employees.
Mr. Byrne cut costs by shutting offices and laying off employees.
In many cases, the heirs cannot afford to pay the tax and are forced to downsize, lay off employees or even sell their business or farm.
To use the site, laid-off employees can become a member by going to the site's home page, where they can list their employment and contact information.
She brushes off employees' worries about merger-driven layoffs--her own guess is 15, 000 job cuts, but others say up to 30, 000--by implying that those jobs are toast anyway.
In the June poll only 10% of small businesses plan on new hiring, down from 14% in May, while 8% plan to lay-off employees, up from 7% in May.
Disconnects and laid off employees creates stress and discontent.
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