Some employers are seeking alternatives to layoffs By Jonathan Stoler and Eric Raphan

Sheppard Mullin Richter & Hampton LLP
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As employers struggle in the most challenging economic climate the United States has seen since the Great Depression, they face difficult cost-cutting decisions on a daily basis in an effort to survive. Most common among those decisions is whether an employer should reduce its work force to minimize costs. It seems as if not a day goes by without employers from various business sectors deciding to reduce their work force by tens, hundreds or even thousands of employees in order to avoid having to close their doors forever.

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