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UPMC says health care industry still adjusting to post-pandemic world. Pittsburgh-based health system to cut more than 1,000 jobs.
The Worker Adjustment and Retraining Notification Act of 1988 (the "WARN Act") is a U.S. labor law that protects employees, their families, and communities by requiring most employers with 100 or more employees to provide notification 60 calendar days in advance of planned closings and mass layoffs of employees. [1]
Corporate America can't seem to lay off workers fast enough. U.S. employers have already axed north of 100,000 jobs this year according to the latest figures from data firm Challenger, Gray ...
The economy is unpredictable right now, and layoffs are happening like crazy. On Jan. 18, Microsoft announced it would cut 10,000 jobs to trim costs. This was not long after Amazon announced it ...
The way layoffs affect the economy varies from the industry that is doing the layoffs and the size of the layoff. If an industry that employs a majority of a region (freight in the northeast for example) suffers and has to lay employees off, there will be mass unemployment in an economically rich area.
Some industries, like nursing, have been hit especially hard by burnout. In October 2021, before the Omicron variant caused a new wave of cases, the Royal College of Nursing conducted a survey of over 9,000 British nursing staff in which 57% of respondents were either thinking about leaving or actively planning to leave their jobs. The primary ...
It said they have to decide by Thursday, though, and promised future layoffs and additional employment requirements for those who remain in their jobs. Filed in district court in Massachusetts, the suit says no funds have been appropriated for buyouts, and that the deadline to decide on resignation is illegal.
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