Sentences with phrase «employee layoffs»
"Employee layoffs" means when a company or organization is forced to let go of some of its employees because they no longer have enough work or money to keep them all employed. Full definition
He continued to use budget cuts and public employee layoffs to reduce the state's sizeable budget gap.
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Make this a priority and do what it takes to complete this task including employee layoffs or other budget cuts.
Say sales are down and you're forced to consider employee layoffs.
Speaking after a meeting with Democratic and Republican legislative leaders, Malloy says to also expect state employee layoffs.
Gov. David Paterson, who has been hinting for some time that he will likely move up the start date of public employee layoffs from the January 2011 plan he initially proposed (in other words, not on his watch), said today he will likely be forced to fire state workers before his term ends on midnight Dec. 31.
Rhodes said he believes that though the tax cap should be raised, the repayment of a $ 15 million tax anticipation note signed by St. Lawrence will necessitate either a steep tax hike or town employee layoffs.
«I feel like the people I worked with were my family and that I died,» says one of countless employees laid off by Ryan Bingham (George Clooney) of Career Transition Counseling, an intermediary hired to administer employee layoffs on behalf of corporate cowards.
Business crises can range from tax evasion, leaked information about employee layoffs, misconduct by senior staff, allegation of corruption or a troubled M&A — the list goes on.
Information posted in the VDR will help drive decisions such as employee layoffs, which IT systems to adopt and abandon, which locations should be shuttered, and other post-deal improvements.
Bridgewater Associates, the world's largest hedge fund by assets, announces a firm - wide «renovation» that will include employee layoffs.
here's my interview from «Capital Tonight» yesterday in which state Budget Director Robert Megna walked back his previous statement about planning for public employee layoffs being right around the corner — as in: Next month.
ALBANY — Gov. Paterson has put massive state employee layoffs «on the radar screen» after being told the no - layoff pledge he signed with public employee unions last year is not legally binding, The Post has learned.
Bridgewater Associates, the world's largest hedge fund by assets, has announced a firm - wide «renovation» that will include employee layoffs, according to someone familiar with the matter.
On the heels of Gov. David Paterson's comment this morning that public employee layoffs would likely start in mid-November, state Budget Director Robert Megna sent a memo to all state agency heads informing them that 2,000 heads will be on the chopping block between now and Dec. 31, 2010.
ALBANY, NY (10/28/2010)(readMedia)-- «Governor David Paterson's announcement of plans for 898 state employee layoffs to begin before the end of his term on Dec. 31, 2010 is simply an irresponsible statement by the governor that is not supported by the facts and reality of the situation,» said CSEA President Danny Donohue.
The result could mean cuts or total elimination of non-mandated programs, deferred capital and road maintenance, and public employee layoffs.
Under very different economic circumstances, CSEA members ratified a five - year agreement in 2011 to avert a projected 10,000 - employee layoff.
HARRISBURG, Pa. (AP)-- Rising costs and shrinking state and federal aid at Pennsylvania's public schools are exacerbating a pattern of property - tax increases, school program cutbacks and employee layoffs, two statewide groups representing school managers said Thursday.
By The Associated Press on June 05, 2014 at 3:33 PM HARRISBURG, Pa. (AP)-- Rising costs and shrinking state and federal aid at Pennsylvania's public schools are exacerbating a pattern of property - tax increases, school program cutbacks and employee layoffs, two statewide groups representing school managers said Thursday.
Further plant closings and employee layoffs are planned throughout the year.
Leaders of the two agencies said Thursday that they didn't expect any employee layoffs or the elimination of any services.
Tried dozens of arbitration cases and related proceedings arising out of a hotly contested 105 - employee layoff, including an administrative trial before the state Labor Relations Commission upholding the lawfulness of the layoffs (19 MLC 1551, aff'd 22 MLC 1468)
Following an employee layoff, tapping the passion, creativity, and commitment of the remaining employees is critical to a successful future.
The emotional aspects of an employee layoff are the most difficult to soothe, but there are several additional results after layoffs that survivors need to cope with, too.