Imagine, hypothetically, that you are the head of a massive technology company. You decide one day that you want to layoff, say, 50 percent of the workforce tomorrow while offering employees a severance agreement. What should you know?
My colleagues, Gabe Jiran and Keegan Drenosky, did a whole webinar on the subject last month that
Before I do a recap, I want to share a hopeful tidbit. My friend Tim plays the bagpipes. For the last few years, St. Patrick’s Day (and the weekend) is his favorite time because his band rents a bus and tours pubs across Connecticut.
Suffice to say, there was no pub crawl yesterday.
But after
Monday, March 16th was brutal.
I kept using that word over and over in conversations with employers who are watching their entire business disappear overnight.
Brutal.
Layoffs — at a scale that I think is difficult to comprehend — are sweeping through Connecticut businesses.
Restaurants? Closed (except for takeout or delivery).
Gyms? Closed.
Movie theaters?
Late on Friday, March 13, 2020, the Connecticut Department of Labor issued new FAQ for employees and employers dealing with the COVID-19 pandemic.
Some of this may be repetitive of what I and others have posted before, but I thought it would be helpful to provide both a link to the materials but also some
Last Friday, I had the opportunity to talk about Artificial Intelligence in the Workplace at the CBIA’s HR Conference. There was a lot to cover in our discussion and a lot of takeaways too.
For those in Human Resources or in-house lawyers reviewing a company’s potential use of AI in the workplace, here are three
In my prior post, I wondered aloud whether there were some rough waters ahead for employers. Apple recently announced that it would not meet it’s earnings estimates in the first quarter of 2019, in part because of soft demand from China. Other companies are expected to announce some similar issues.
Honestly, I’ve had enough conversations
You do a blog long enough and everything comes full circle. Back in January 2008, I took out my crystal ball and suggested that reductions in force (RIFs) and lawsuits would soon follow.
We all know what happened next. The economy crashed and discrimination claims at the EEOC peaked at their highest levels in more
In the last few months, I’ve had some inquiries from employers asking about resources for layoffs.
Yawn.
Everyone remembers the layoffs of the recession, right?
Actually no, as it turns out.
In the ten years since the last great round of layoffs, there is a big group of new managers, directors, human resource personnel, lawyers
A quick update on the Mortgage Lenders Network matter I’ve covered a few times before (here and here.)
Earlier this month, a Delaware bankruptcy court approved of a $2.7 million settlement of a class-action lawsuit filed on behalf of more than 1600 employees, many of whom worked in Connecticut.
The settlement, first reported
Addressing the legal risks associated with a reduction in force (or "RIF") has long been a topic on this blog. In fact, looking in my crystal ball way back in January 2008, I suggested that it would the hot topic before years’ end.
Flash forward to the present, and the headlines continue to be