Sentences with phrase «mean letting employees go»

Further, eliminating inefficiencies doesn't always mean letting employees go — they can often be redirected to more interesting and meaningful work (really!).

Not exact matches

The final part of the employment contract you really need to hone in on involves the different reasons a company might let an employee go — and what that means to both the company and the employee.

So if you are going to let someone see your secrets, you need to document that and tell them what will happen if they don't follow the terms — that means having Confidentiality Agreements with third parties and if you have employees you need to ensure that their contracts of employment deal with the position of them stealing your secrets.

While the company will be able to save a healthy amount of money by focusing less on the smartphone space, this unfortunately means that TI will be letting around 1,700 employees go.

More importantly, simply because one of your employees is nearing the age at which he or she may become entitled to an unreduced pension does not mean that you can simply let that employee go without consequence.

On the human resources side, it may also mean a hiring freeze or reductions in staff as Barrick Gold Corp. did in June when it announced one - third of its corporate staff in Toronto were being let go as well as dozens of workers in Australia and 55 employees in the U.S.