Deju Vu All Over Again – Layoffs and Furloughs Return

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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 to print media, which for sure, has been struggling with the advent of web based news. Alongside the Times Dispatch news was news that Foot Levelers in Roanoke is laying off twenty for a restructuring. In speaking with my fellow employment lawyers, I know that we are all beginning to dust off the layoff/furlough policies that we had hopefully put away for awhile.

If your company is facing the prospect of a layoff or furlough, be sure to keep the following checklist in mind...

Please see full article below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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