A layoff or downsizing is the temporary suspension or permanent termination of employment of an employee or, more commonly, a group of employees for business reasons, such as personnel management or downsizing an organization.
Recent News and Discussions About Layoff The Layoffs
Latest user postings – TheLayoff.com
https://www.thelayoff.com/last-25.php
Recent user-started threads regarding layoffs . … Was back in 2020 when EM immediately laid off my coworker who had just come back from cancer treatment.
Wells Fargo & Co. Layoffs – TheLayoff.com
https://www.thelayoff.com/wells-fargo-and
Layoff’s are 100% happening today. Any details for your area are appreciated. 8h ago by Anonymous. no replies yet.
Thomson Reuters Layoffs – TheLayoff.com
https://www.thelayoff.com/thomson-reuters-corporation
Thomson Reuters Layoffs : Downsizing related discussion, postings, … especially when this company hasn’t given any of the laid-off employees more detailed …
A Better, Fairer Approach to Layoffs – Harvard Business Review
https://hbr.org/2018/05/layoffs-that-dont-break-your-company
Today layoffs have become companies’ default response to the challenges created … establish methods for exploring layoff alternatives (such as furloughs, …
Layoff and Reduction – HR Operations
Managing complex layoffs — Notify Human Resources of the need to administer one or more layoffs (see Initiating a Layoff below). Ensure that employees …
How to Conduct a Layoff or Reduction in Force – SHRM
https://www.shrm.org/resourcesandtools/tools-and-samples/how-to-guides/pages/conductlayofforrif.aspx
Layoffs are hard. Let this easy-to-understand guide help you conduct the selection and notification processes.
Managing Downsizing by Means of Layoffs – SHRM
https://www.shrm.org/resourcesandtools/tools-and-samples/toolkits/pages/managingdownsizing.aspx
Whenever an organization contemplates a layoff , it must consider the risks of running … Employers routinely resort to mass layoffs to help meet financial …
How to Simultaneously Make Layoffs and New Hires
https://www.businessnewsdaily.com/15913-lay-off-new-hires.html
Should I consider rehiring laid-off employees? — What you cannot do is lay off an employee in a specific position and then turn around and fill that same …
Layoff Definition – Investopedia
https://www.investopedia.com/terms/l/layoff.asp
Understanding Layoffs — Layoffs may lower the morale and productivity of the laid off workers’ colleagues and inflict unexpected costs on the employer. Mass …
Layoffs Sweeping the US: Coinbase, Netflix Making Cuts
https://www.businessinsider.com/layoffs-sweeping-the-us-these-are-the-companies-making-cuts-2022-5
3 days ago — Peloton laid off nearly 3000 employees, Better.com slashed 4000. Now, job cuts are coming for real estate brokerages and crypto firms.
Frequently Asked Questions
Is it lay off or layoff?
What does layoff mean?
(Entry 1 of 2) 1 : a period of inactivity or idleness. 2 : the act of laying off an employee or a workforce also : shutdown. lay off.
How do you announce layoffs?
- Keep the message short and sweet. Employees can see right through fluff. …
- Communicate and have one reduction in force (RIF). …
- Consider having individual meetings with all employees affected. …
- Provide a good outplacement program to impacted employees.
What does it mean to layoff an employee?