Posts Tagged ‘layoffs’

Layoffs Are on the Rise Again – Are Your Documents Updated?

This past week Richmond-headquartered Fortune 500 company Genworth Financial announced that it would lay off about 400 positions in a cost-cutting move. Shortly after that announcement, in discussions with other employment counsel around the country, it became clear that Genworth is not alone in making such a mid-year adjustment.  Many colleagues noted they have just […]

 

Deju Vu All Over Again – Layoffs and Furloughs Return

If you’ve been reading the news lately, you will see that companies are going through another round of layoffs and furloughs. Just today, it is reported that the Richmond Times Dispatch is requiring employees to take 15 furlough days. This is their second furlough in two years. Don’t discount this news simply because it’s happening […]