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
The headlines over the weekend for Connecticut have not been kind. Two were particularly striking. First, the Courant ran a story entitled "Sizable Job Losses Expected in State". The second w
as a story about the expected closing of The Goodwin Hotel, one of Hartford’s premier hotels.
Both indicate a local economy that
News about the WARN Act keeps surfacing in e
verything from law firm closings to bakery layoffs.
While I’ve touched on the subject before, the Connecticut Law Tribune this week published a longer piece that I’ve written on the basics of the act for employers, particularly those in Connecticut. You can download the article here.
With the cable news shows tracking the stock market like the latest sports scores ("it’s down…no it’s really down!), there is little doubt that the public and companies are all feeling some anxiety.
So, I decided to take a look at some of the blog statistics to see if I c
ould discern any patterns.
The headlines this week, particularly to those in Connecticut, sound an ominous tone. Foxwoods announces layoffs of 700. And this morning, a new government report came out showing that employers shed nearly 160,000 jobs.
Where will this all lead? That’s the $1 trillion dollar question that is on everyone’s mind. But in the meantime
Earlier this week, I discussed the benefits of providing notice to employees who may be affected by mass layoffs and plant closings, by complying with the Worker Adjustment and Retraining Notification (WARN) Act.
But what exactly does the WARN Act require and who is covered? Here are some basic answers to some basic questions.
Six months ago, I predicted a renewed emphasis on reduction in force laws and regulations with the possibility of an economic slowdown looming. With six months left to go in the year, I’m still feeling good (if you can feel "good" about suc
h things) about that prediction.
Is the economy still on the yellow