The phrase
"potential layoffs" refers to the possibility of a company reducing its workforce by letting go of some employees.
Full definition
News
of potential layoffs broke Thursday night after WGRZ in Buffalo reported $ 75 million was owed in contract payments from the state.
A source at the site told Time Warner Cable News that some layoffs have happened at Riverbend and workers were told to expect more
potential layoffs as early as Friday.
Paterson also took aim at the public employee unions and placed the blame for
potential layoffs at their feet, saying they had ample time to negotiate and agree to furloughs or pay lags.
Mr. Russell, who
used potential layoffs as a bargaining tool in his last negotiations with the civil service employees, said that he's unable to do so with police.
My job is largely secure in a day - to - day way (I have a union contract) but there are some rumblings about
potential layoffs in the coming months.
While potential layoffs could lessen the skills shortage locally, there will continue to be shortages for experienced talent within in - demand skill areas, such as subsea, petroleum engineering and increasingly LNG.
Late Thursday night, the Empire State Development Corporation released a statement concerning payments and
potential layoffs at the construction site.
Canadians should also be hoarding cash to mitigate the effects of
a potential layoff.
Leaders and CEOs often find themselves in the unenviable position of communicating bad news, such as failed profit projections or
potential layoffs.
He added Howard Glaser, Cuomo's state operations director, had spoken to agency chiefs Thursday about
the potential layoffs and they are moving ahead, even while taking CSEA out of the mix for now.
In contrast to the governor's high - profile pitch, they've brought individual small - business owners to the state Capitol to talk about
the potential layoffs they say Cuomo's agenda could spark.
The teachers union has every right to scream about funding cuts and
potential layoffs (even if we won't have real numbers for several weeks at least).
A potential layoff is precisely why I build multiple income streams.
Lawyers that have been laid off or are facing
a potential layoff some time this year need to plan for a new future.
The research findings from The Veritas 2017 GDPR Report, which surveyed more than 900 senior business decision makers in 2017 across Europe, the U.S. and Asia Pacific, also found that more than 20 per cent (21 %) are very worried about
potential layoffs, fearing that staff reductions may be an inevitable outcome as a result of financial penalties incurred as a result of GDPR compliance failures.
There are probably few things in life more stressful than facing a real or
potential layoff, but this is no time to be passive or numbed out.
If you hear grumblings about
potential layoffs, prepare yourself now.