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layoff

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BNET Business Dictionary

Layoff
dismissal, often temporarily, from work because a job ceases to exist or because of lack of work. Employees who are laid off may qualify for...
Layoff definition on BNET »

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layoffs Rise 68 Percent in April Vs March: Survey
NEW YORK (Reuters) - U.S. companies' planned layoffs jumped 68 percent in April from the prior month to the highest since September 2006, pointing to further deterioration in the labor market, a report showed on Thursday. Planned job cuts in U.S. companies totaled...
Tags: Workforce management, Challenger Gray & Christmas Inc., layoff, deterioration, U.S. company, New York, Thomson Reuters Corp., transportation, financial service, job, survey, telecommunications, financial, industry
News items 2008-05-01
Rumors Swirl of layoffs at Oglivy NY
Two ad bloggers today said they've heard rumors of lay offs coming down the pike at Ogilvy NY. George Packer, the funny, foul-mouthed blogger behind AdScam and AdHurl, reported this morning: One of my "deep throats" in New York tells me there have been big layoffs this morning at...
Tags: Layoff, Blogger, Workforce Management, Blogging, Sales Strategy, Human Resources, Internet, Sales, Jake Swearingen
Blog posts 2008-05-02
PIMCO Wants to Hire Wall Street layoffs: Report
NEW YORK (Reuters) - Pacific Investment Management Co (PIMCO), the world's biggest bond fund, has asked between 5 and 10 Wall Street banks to let recently dismissed employees know that there are vacancies at PIMCO, the Financial Times reported. Quoting a...
Tags: Construction, bond fund, wall, Financial Times, bond, New York, Thomson Reuters Corp., analysis, job
News items 2008-05-01
4 Questions That Will Help Decrease the Impact of Brain Drain
Inevitably, all organizations lose good people. Whether through layoffs, attrition, or retirement, they all must deal with the fact that even their most knowledgeable employees will someday leave. Staffing and human resources issues aside, one of the greatest challenges for companies facing possible layoffs, high rates of...
Tags: Workforce management, Strategy, APQC, attrition, layoff, knowledge, staffing, Human Resources
White papers
Next Steps After a layoff
Nothing quite shakes up a person's life like being told that he or she is suddenly out of a job. Should the unthinkable happen and the person finds himself or herself the victim of a company layoff, he or she should take comfort in the fact that he or she...
Tags: Workforce management, AllBusiness.com, layoff, small business, worker, job
White papers
Downsizing Survivors: Motivating the Employees Who Remain After layoffs
Most organizations invest their efforts in helping the downsized employees move on. This is ethical, reasonable and positive. Plus, survivors are watching. To truly benefit from the layoffs and downsizing that one experienced, however, one needs to invest even more energy in the people who remain after downsizing and layoffs....
Tags: Workforce management, downsizing, layoff, workplace, benefit
White papers
Survivors Can Soar After Downsizing
During layoffs and downsizing is not the time for organization leaders to retreat to board rooms and private offices to plan the future. After a downsizing, or following any major change, for that matter, leaders must be visible and accessible. Layoff survivors need to interact with their supervisor and the...
Tags: Workforce management, downsizing, layoff, leader, supervisor, board
White papers
Boom to Gloom - Predicting layoff: Is Your Job on the Chopping Block?
It wasn't too long ago that US employers were falling all over themselves to compete for new candidates. Six-figure entry-level salaries and hire-in perks like shiny new roadsters and five-figure cash bonuses were the extreme, but many employers were offering great salaries and nice perks to attract and hang on...
Tags: Benefits, salary, layoff, job
White papers
What You Need to Know About Surviving layoffs
Every morning, it seems, one reads an article in the paper about layoffs at another company. Those layoffs are hard on the people who get laid off, but they are also just as hard on the people left behind. There is more work to be done and fewer people to...
Tags: Workforce management, layoff
White papers
Selective Job Cuts Often Benefits Firm More Than Broad layoffs Over Long Term
There are numerous direct benefits to either not cutting staff or, if cuts must be made, to minimizing them. And if cuts are necessary, highly selective surgical cuts should be utilized wherever possible to remove only under-performing or marginal employees rather than implementing massive across-the-board cuts. In the long term,...
Tags: Leadership, corporate culture, layoff, benefit, supplier, job
White papers
Alternatives to layoffs
Layoffs are done to save money. Unfortunately, they are usually a short term fix, detrimental to the company. This paper explores the reasons that companies persist in using layoffs as a first choice for cutting costs, and what some of the alternatives are. There are alternatives to across the board...
Tags: Workforce management, layoff, board
White papers
Forecasting "Headcount Fat" in Order to Avoid Large Scale layoffs
Most HR departments have no forecasting function of any kind. VP's of HR have no way of identifying when there is growth in "headcount fat". And therefore they cannot take the appropriate actions that are necessary to reduce excess employees before there is a need for a massive layoff of...
Tags: Workforce management, headcount, layoff, forecasting, Human Resources
White papers
Decreasing the Impact of Brain Drain
Inevitably, all organizations lose good people. Whether through layoffs, attrition, or retirement, they all must deal with the fact that even their most knowledgeable employees will someday leave. Staffing and human resources issues aside, one of the greatest challenges for companies facing possible layoffs, high rates of...
Tags: Workforce management, Strategy, APQC, attrition, layoff, knowledge, staffing, Human Resources
White papers
Pink Slip?: What's Next?
Have one lost his or her job? If so, one is not alone. There are always companies that are cutting jobs or restructuring operations. It's a normal part of conducting business in today's economy. One may, however, be able to turn a layoff into a new career. This paper overviews...
Tags: Recruitment & Selection, Workforce management, layoff, downsizing, job search, job, career
White papers
Hiring During layoffs: Lessons From the Field
Maintaining employee morale during times of restructuring can be tricky. But when a company must maintain recruiting efforts and even continue to hire new employees during restructuring, HR (Human Resource) professionals find themselves in a very awkward diplomatic role. They must maintain smooth relations with current employees who have said...
Tags: Recruitment & Selection, Human Resources, ethics, recruiting, layoff, hiring
White papers
Performance Management Instead of layoffs: Incompetent Managers Cost Businesses Too Much (Part 2)
The company has to protect itself, its other employees and even the career of the individual who has been over-promoted. The question is, how can this be done in a manner that effective and efficient for the company and that protects the ego of an otherwise valuable employee who got...
Tags: Business intelligence, performance management, layoff, performance, career
White papers
GM to Cut Truck Production and Negotiate Union layoffs
DETROIT (Reuters) - General Motors Corp (GM) on Monday said it would cut planned truck production at four North American plants in the coming quarter because of weaker demand for its full-size pickup trucks and sport utility vehicles. GM said it would cut...
Tags: General Motors Corp., SUV, Detroit, layoff, Thomson Reuters Corp.
News items 2008-04-28
Pfizer Leads in layoffs While Drug Prices Soar
Big Pharma continues to lend new meaning to the phrase "doing more with less," because while the industry seems to get smaller every day, drugmakers are still pushing through big price increases on their leading products. Over at Pharmalot, Ed Silverman provides a helpful roundup tracking the...
Tags: Job, Layoff, Pfizer Inc., Drug Company, Industry, Drug, Sales Strategy, Strategy, Sales, Management, David P. Hamilton
Blog posts 2008-04-10
Google Closes DoubleClick Deal, Hints of layoffs
Nearly a year after the deal was announced, Google said Wednesday it's finally closing its $3.1 billion purchase of DoubleClick. The official announcement came shortly after foot-dragging European regulators finally approved the acquisition. Google has surely been working on integrating DoubleClick's technology, which is focused on the...
Tags: Workforce management, Mergers & Acquisitions, Kevin Kelleher, Google Inc., DoubleClick Inc., layoff
Blog posts 2008-03-12
layoff Notice
Use template to prepare a notice of layoff for an employee being laid off from your company.
Tags: Workforce management, layoff
Tools & templates 2007-12-01
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