Schwab

Authentic Responses to Recession? Try Alternatives to Layoffs

November 10, 2008

The latest report of the Bureau of Labor Statistics states that in September 2008 alone, 2,269 companies executed a "mass layoff" . (A "mass layoff" is defined as firing at least 50 employees at one time from the organization.) This is the highest number of organizations executing a mass layoff since September of 2001. While [...]

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