News & Analysis as of

Layoffs Consolidated Omnibus Budget Reconciliation Act

Fisher Phillips

5 Things Employers Should Know About COBRA and Severance Agreements as Layoffs Loom

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As we edge into the second quarter of 2024, we continue to see a steady stream of layoff announcements — and employers are still feeling the fallout of pandemic-related hiring frenzies, unpredictable economic conditions, and...more

Amundsen Davis LLC

As Talk of the Economy Cooling Persists, Employers are Reducing their Workforces

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As talk of an economic slowdown persists, so have the number of layoff an- nouncements hitting the news. While the last quarter of 2022 saw the technology and financial sectors lay off thousands of workers, in 2023, this...more

Amundsen Davis LLC

Terminations, Layoffs, and Separations – an Employer Refresher

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There seems to be an almost daily litany of layoffs by large corporations that instantly become media fodder. For example, McDonald’s recent layoff, widely reported to have impacted hundreds of white collar employees, comes...more

Dickinson Wright

Layoffs Require Careful Planning to Avoid Costly Lawsuits

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Current economic circumstances suggest that layoffs are coming. Indeed, in late March, Disney’s CEO, Bob Iger, announced the company’s plans to terminate more than 7,000 employees in the coming weeks, and Disney is not alone....more

Goodwin

Benefit Plan Considerations for Employers in a Market Downturn

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​​​​​​​When markets are unpredictable, employers may be required to make business decisions that can have unanticipated effects on their retirement and health and welfare benefit plans. Employers should keep the following...more

Fisher Phillips

April 2021: The Top 16 Labor And Employment Law Stories

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It’s hard to keep up with all the recent changes to labor and employment law. While the law always seems to evolve at a rapid pace, there have been an unprecedented number of changes for the past few years—and this past month...more

Lasher Holzapfel Sperry & Ebberson PLLC

EMPLOYMENT LAW ALERT: ARPA Updates To COBRA

On March 12, 2021, President Biden signed into law the American Rescue Plan Act (ARPA). Importantly for employers, under the ARPA, any employee who is eligible for continuation of health insurance benefits pursuant to the...more

Poyner Spruill LLP

Action Required: COBRA Subsidies under the Rescue Plan Act

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American Rescue Plan Act of 2021 (H.R. 1319, the “Rescue Act”) was signed into law by President Biden on March 11, 2021. The Rescue Act addresses a number of issues caused by the lingering pandemic, including the impacts of...more

Haynsworth Sinkler Boyd, P.A.

What’s Happening: FFCRA, PRO Act, COBRA Subsidies, Vaccinations And More!

The Biden Administration has directed a number of changes that impact employers under Administrative Agency action as well as the passage of the American Rescue Plan Act (ARPA). We are highlighting a few of those here to...more

Perkins Coie

Variable Hour Employee Benefits Eligibility under COVID-19

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Are Employees Receiving a Lavish Gift This Holiday Season or an Unintended Lump of Coal in Their Stockings? COVID-19 has forced many employers to make unanticipated changes to their workforce, with many retailers rolling...more

Carlton Fields

Three Timely Benefits Items Everyone Should Know

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Carlton Fields tax attorney Lowell Walters discusses three timely employee benefits issues: using employee benefits to reduce expenses; helping retirement plan participants in an inconsistent investment market; and, the...more

Jackson Lewis P.C.

Class Action Trends Report Summer 2020

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Employers continue to grapple with an ongoing, unprecedented public health crisis caused by the COVID-19 pandemic and its after-effects, which have profoundly disrupted the nation’s economy and U.S. workplaces. In this issue,...more

Fox Rothschild LLP

Can We Please Stop Using The Term Furlough Without Defining It?

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What is a “furlough” when applied to a private business with a non-union workforce in California? In my view, it is a temporary layoff (or required unpaid leave due to lack of work) with full expectations to return to work. ...more

Hogan Lovells

Coronavirus: The Hill and the Headlines – COVID-19 D.C. Update – July 2020 #22

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In Washington - Republican and Democratic lawmakers are no closer on a coronavirus package, and it now inevitable that unemployment and the eviction moratorium that have kept millions of families afloat during the pandemic...more

Troutman Pepper

COVID-19 Resource Guide for Human Resources Professionals: Employee Benefits Considerations for Reopening in 2020

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COVID-19 continues to throw us curveballs. While some states that were continuing on their path to recovery are having to backtrack, others have managed to temporarily halt the progression of COVID-19 and are proceeding as...more

Gray Reed

What Does a Furlough Mean to My Employees?

Gray Reed on

When restaurants were ordered to shutter – and before PPP – Ernest Bux’s sister Cookie Bux who owns Beef O’Bux Restaurants was in a bind. Should she lay off or furlough employees who were showing up for work to her empty...more

McGlinchey Stafford

Employers: Benefits Considerations Post-Pandemic [More with McGlinchey Ep. 3]

McGlinchey Stafford on

During the Coronavirus, it’s been fun working from home, but many are returning to the trenches. One of the issues we need to take a look at is employee benefits. In this episode, McGlinchey Labor & Employment team members...more

Foley & Lardner LLP

Do We Need a Plan Amendment for That? Top FAQs to Decide

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Since the start of the COVID-19 pandemic, we have gotten daily calls and emails from our clients asking how furloughs, layoffs, the CARES Act, and a host of other pandemic-related changes affect the benefit plans that they...more

Foley & Lardner LLP

COBRA in the Time of COVID-19

Foley & Lardner LLP on

COBRA compliance requires extra attention right now. There has been a wave of litigation surrounding COBRA election notices. Regulatory agencies have extended certain COBRA deadlines due to the COVID-19 pandemic. And the...more

Lathrop GPM

Navigating the COBRA Rules Under the Latest DOL and IRS COVID-19 Relief

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The changes in employment status due to the COVID-19 pandemic range from reduced hours, to furlough, to layoff, to leave of absence to employment termination. A chief concern for both employers and employees is how a change...more

Epstein Becker & Green

New COBRA Notices & Extended Deadlines May Create Traps for the Unwary: Benefits Guidance in the Time of COVID-19

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The economic downturn caused by COVID-19 pandemic has resulted in an unprecedented number of layoffs, furloughs, and reduced hours. Under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”)...more

Seyfarth Shaw LLP

Seyfarth Policy Matters Newsletter - April 2020 #4

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Administration Issues Meat-Packing Executive Order Falling Short of Original Plan. On April 28, President Trump issued an Executive Order entitled “Executive Order on Delegating Authority under the DPA with Respect to Food...more

Dentons

Benefits During a Furlough/Layoff

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Amidst the COVID-19 pandemic, we have fielded a number of questions regarding the terminology used during temporary inactive periods for an employee during the pandemic, specifically: is it a furlough or layoff?  ...more

Jaburg Wilk

The Shared Work Program is Another Option for Employers

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One of the new programs under the CARES Act legislation is the Shared Work Program. The concept is fairly simple. Rather than furloughing or laying off an employee, an employer may instead reduce the number of hours each...more

Bricker Graydon LLP

What all employers are asking about health and retirement benefits during COVID-19

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Employers are trying to be as generous as possible during the interruption to normal operations caused by COVID-19, including by keeping benefits in place even when salaries are out of the question. Every penny and decision...more

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