Wang said the
layoffs show that Crown and Fancy could not stand more losses, as the local market has become crowded with coffee shops, with competition on the rise.
But when the researchers controlled for other factors, including the company's size or performance, they still saw a similar pattern of lower relative pay for the CEO predicting a greater likelihood of
layoffs. They also left out companies with an obvious business reason for
layoffs, such as a divestiture or natural disaster, from their study.
Layoffs also mean permanent increases in average wages per quarter for employers with
layoffs relative to comparison employers, suggesting that lower paid employees are the most likely to be laid off.
According to sources familiar with the matter, managers are being asked to identify team members who will be let go, though the timing of these
layoffs is unclear.
In this article, however, I will show that temporary
layoffs and recalls actually remain surprisingly common, even outside manufacturing and construction.
The financial strains may ensure more
layoffs are coming at oil and gas companies.
Rejlers (STO:REJL) announced on Monday that Rejlers Sweden's management has prepared a plan of action calling for
layoffs of 125 employees.
The average state marginal tax cost of a
layoff to employers (the present discounted value of benefits paid back in future higher taxes) is 54 percent of the benefits paid to a firm's employees.
! Washington, Rabi'I 8, 1435, Jan 9, 2014, SPA -- The number of Americans filing new claims for unemployment benefits fell last week, signaling steady job growth, while the number of planned
layoffs at U.S.
The
layoffs, which amount to about 5 percent of its national workforce of 15,000, were announced the same day the utility reported second-quarter earnings down 55 percent from the same quarter last year.
Summary: SAO PAULO -- Thousands of auto workers launched a 24-hour strike at General Motors' Brazilian unit Tuesday on the eve of crunch talks to avert 1,598 planned
layoffs, their union said.
Global Banking News-December 12, 2012--Polish central bank worried about
layoffs at Fiat(C)2012 ENPublishing - http://www.enpublishing.co.uk
Erica Smith will tell you there have been 39,781
layoffs and buyouts in the nation's newspaper industry since 2008.