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Lay off workforce
Y.kishore
Y.kishore Picture
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Posted 04-11-2008Reply

As a new member for this site & HR.



I would like to know comments of yours.....



Why companies are planing to Lay off their workforce





Regards,

Kishore

Sashmita
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  Rated +1 | Posted 04-11-2008

Hi Kishore,

Hope the below information would be enough to clear your doubts.



Layoff is the temporary suspension or permanent termination of employment of an employee or (more commonly) a group of employees for business reasons, such as the decision that certain positions are no longer necessary or a business slow-down or interruption in work. Originally the term "layoff" referred exclusively to a temporary interruption in work, as when factory work cyclically falls off. However, the term has also applied to the permanent elimination of positions as a cost-cutting measure (or for other reasons).

(1) Employees may be laid off without prejudice according to layoff procedures that are consistent with these rules. The reasons for layoff include, but are not limited to, the following:

(a) Lack of funds;

(b) Lack of work; or

(c) Organizational change.

(2) Examples of layoff actions due to lack of work may include, but are not limited to:

(a) Termination of a project or special employment;

(b) Availability of fewer positions than there are employees entitled to such positions;

(c) Employee's ineligibility to continue in a position following its reallocation to a class with a higher salary range maximum; or

(d) Employee's ineligibility to continue, or choice not to continue, in a position following its reallocation to a class with a lower salary range maximum.

(e) Elimination of a position due to the work of the position being competitively contracted.

Ramakrishna Varma
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  Rated 0 | Posted 04-11-2008

Hi Kishore,



Hope the below information would be enough to clear your doubts.

<... See Sashmita's complete reply


Hello Sashmitha,

Very useful reply. Thanks for posting.

RK

Sashmita
Sashmita Picture
233 Posts
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  Rated 0 | Posted 05-11-2008

Hi Kishore,



Hope the below information would be enough to clear your doubts.

<... See Sashmita's complete reply


Hello Sashmitha,



Very useful reply. Thanks for posting.



RK


Thanks RK...

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