News Formal

Layoffs can be part of running a small business. Some tips for owners on handling them

  • 📰 wjxt4
  • ⏱ Reading Time:
  • 27 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Business Nouvelles

U.S. News

With stubborn inflation and higher costs, layoffs at small businesses are sometimes a necessity.

LIVE: How the outcome of Trump’s criminal trial is entwined with the nation’s future on Path to the PollsCopyright 2020 The Associated Press. All rights reserved.

U.S.-based employers announced 64,789 cuts in April, down 28% from 90,309 cuts announced in March, according to a report by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.But Andrew Challenger, senior vice president at the firm, said he expects more cuts going forward.

Some states have their own WARN act with different rules. For example, New York State's WARN Act applies to private businesses with 50 or more full-time employees in New York State.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 246. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Two Senior Tesla Execs Leave The Company, Hundreds More Layoffs Reportedly ComingElon Musk allegedly told staff via email that Tesla needed to be “hardcore” about headcount and cost reduction
La source: Carscoop - 🏆 306. / 63 Lire la suite »