However, his reasoning is pretty solid, and something that a lot of companies should follow instead of just
laying off people to increase profitability.
«If we have a system that's
laying off people without ever looking at their quality or their ability, then we're going to end up with some great teachers getting fired and that's going to hurt the students,» says Stone.
They say they're exploiting workers, and catering to shareholders only, and then
laying off people.
Double check to make sure you're not violating the law by
laying off people based on things like race, age, or gender.
«At this point, I think 17 (teacher) layoffs is face - saving... in a kind of a perverse way, to say they at least
laid off some people.»
So as they close schools they're going to shed union teachers, crush the teachers,
lay off people and replace them with Teach for America.
You don't think if Hachette was to give up sales from the largest online retailer that they would have to
lay off people?
And if Hachette did have to
lay off people, I won't weep for them.
I know they have
laid off some people at Radical and Neversoft, but I don't think they would close an entire studio because of it.
They laid off people until there was only a few programmers left.
«The firm had
laid off people in the early 1990s (during the last recession) and, in retrospect, we felt that we should have held on to some of those people,» Dell now says.
Not exact matches
In addition to the substantial financial impact of closing those stores,
laying off all of the
people was one of the most difficult business decisions of my life.
That helps explain why the network shut down Grantland, the high - profile journalistic effort run by Bill Simmons, and also why it
laid off 300
people last fall.
LivingSocial, another dailty deals website, has raised almost a billion dollars in venture capital funding, but it's
laid off hundreds of
people and is now half the size it used to be.
By staying lean and «getting rid of dead wood» from the outset, Avigilon's Fernandes says he had room to bring on talented
people who were
laid off from other IT firms.
Now, nobody likes
laying people off — which is why most organization
lay off the smallest number of
people they can.
The glory days were over, and the sixth instalment sold only a fifth as many games as Guitar Hero 5 in its first week, and Activision shut down Guitar Hero operations in February,
laying off 500
people and saying the move was «due to continued declines in the music genre.»
«Sometimes, MCS happens when
people are being
laid off, and it's really all about stress.»
Sanders says he doesn't need workers in Maryland and Connecticut anymore, so I presume those
people will be the first to be
laid off.
Laying people off is never pleasant - not for the company, not for the managers, and certainly not for the
people who lose their jobs.
But Groupon's issues extends beyond the borders of North America, as GaoPeng, the company's joint venture with Chinese firm Tencent,
laid off about 400
people in 10 cities.
Think about it: If you're communicating in a way that's really
laid - back and fun one minute and then really buttoned - up and formal the next, you'll throw
off people in your audience — and that just reinforces trust barriers between you.
April 10 - Embattled blood - testing company Theranos Inc
laid off most of its remaining workforce to preserve cash and avert or at least delay bankruptcy for a few more months, the Wall Street Journal reported on Tuesday, citing
people familiar with the matter.
The company will
lay off most of Snap Channel's 15 -
person team, though possibly reassigning a few junior managers elsewhere.
HP CFO Catherine Lesjak said that over 800
people left the company in the second quarter, and that roughly 1,200 workers have been
laid off since the beginning of the year.
PITTSBURGH — Paint maker PPG says it will
lay off about 1,100
people and take a pretax restructuring charge of between $ 80 million and $ 85 million in the second quarter.
Today's must - read story is from Fortune «s Leigh Gallagher and it features an exclusive interview with Maren Kate Donovan, founder and CEO of virtual assistant startup Zirtual, who talked about flawed financial projections and what caused her company to
lay off 400
people earlier this week before announcing that Zirtual will be acquired by Startups.co.
Despite shuttering a few of its offices and
laying off more than 600
people last quarter, Zynga still has 2,300 employees.
That means thousands of young
people and new Canadians will not get that first job, and many more might be
laid off.»
Last month, the company announced that it would be
laying off 520
people, about 18 percent of its staff, and closing its offices in New York City, Los Angeles and Dallas.
«If you're the CEO and you're
laying off 200 good
people, and you feel it enough to cry, you absolutely should,» she says.
Companies
laid off more than 700,000
people during 1999 alone, according to career services and placement company Lee Hecht Harrison.
Westech stood by its employees even when the price of oil fell to $ 26 a barrel, with Lapp proudly noting that the company did not
lay off a single
person.
An open house in late 1992 drew 150
people from miles around, many
laid off from GE, RCA, and Martin Marietta.
The funds can come from multiple sources and even multiple
people - maybe a spouse who will also be part of the business or former co-workers who were also
laid off and are looking for a new opportunity.
«Frankly,
people were very scared that they were going to get
laid off.»
Would executives be so quick to
lay people off if, instead of being awarded for the short - term cost savings, they were held accountable for the long - term consequences of that decision?
Only a couple of the CEOs we spoke to had
laid off more than two or three
people; a few had added head count; and many had replaced employees as the market for available talent ripened to bursting.
The company came under fire last year after it announced it was
laying off more than one - thousand
people, including 440 in Saskatchewan.
During the financial crisis of 2008 Michelin didn't
lay people off, but reduced work hours while continuing to give employees full benefits.
The number of
people who were unemployed because they had been
laid off actually declined in July.
It is expected that 1,800
people will be
laid off and more store closures are coming.
Despite the energy industry's slump, Pembina has so far managed to avoid the bad news of rivals who are
laying people off by the hundreds or whose pipelines are embroiled in regulatory controversy.
The company had already announced 300
people were being
laid off at its head office in Waterloo this week as part of a broader plan that will reduce its global workforce by about 40 per cent.
Most of these
people are too young to retire and are going to be looking for other avenues of employment until they get to retirement age — with their «buy - out» money they could buy one of these stores and have a family owned business without the worries of being
layed -
off from a regular job.
Its Halifax office, which employs about 350
people, will be shutting down in January, one of a number of
lay -
offs that will result in about 4,500 fewer BlackBerry employees in total.
The oil majors always shoot themselves in the foot by
laying off hundreds if not thousands of
people In leaner times.
J.C. Penney
laid off about 360
people, the company said Friday, part of the department store's plan to trim costs and simplify operations as more
people shop online and mall traffic drops.
Nokia Technologies is
laying off up to 310
people as part of the move.
We burned about half the cash, figured out we weren't growing fast enough,
laid people off and eventually sold the business for about half of what we'd raised.