News & Analysis as of September 23, 2024

Hiring & Firing › Economic Downturn

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Hiring & Firing refers to the process of recruiting, interviewing and offering employment and the process of evaluating performance and dismissing employees. Hiring & Firing is a highly regulated area and can create tremendous liability for employers who fail to properly adhere to acceptable employment practices. Some of the potential pitfalls in this area stem from discriminatory hiring practices, improper performance evaluations, and retaliatory firings. less -

Littler Employer Pulse Survey Report: 2023 Economic Outlook

Littler on 3/8/2023

The economy has been awash with mixed messages in recent months – throwing a wrench into many employers’ workforce planning for 2023. Even as inflation persists and layoffs at major companies continue to drive headlines,...more

HR Trends for 2023 and Beyond

Mitratech Holdings, Inc on 3/7/2023

The top 5 HR trends shaping the future of work. As we step into 2023, HR leaders are faced with the challenge of staying ahead of the curve in an ever-evolving workforce landscape. In the past 3 years, we’ve navigated a...more

PRC Legal Update: Termination of Employment in China and Issues to Note during Covid-19 Pandemic

BCLP on 11/10/2022

Termination of employment by employers in China is virtually never easy even in absence of a crisis situation. When it comes to the economic downturn, employee dismissal becomes far more sensitive....more

[Webinar] Ideas for Businesses to Navigate Economic Uncertainty - October 25th, 8:30 am - 11:00 am ET

Williams Mullen on 10/11/2022

...join us for Ideas for Businesses to Navigate Economic Uncertainty, a webinar comprised of brief - only 15 minutes each! - presentations tailored to meet the needs of senior executives and leaders of in-house legal...more

Employers May Be Reluctant to Reduce Headcount to Address Business Slowdown

Parker Poe Adams & Bernstein LLP on 10/3/2022

When we talk with clients about their businesses these days, the universal complaint we receive from every type of company is the difficulty they continue to have in attracting and retaining qualified workers. Ever...more

Transportation Snapshot Takes Deeper Dive into Industry Attitudes Related to Economic Uncertainty

Fisher Phillips on 8/3/2022

The news that the economy has shrunk for a second straight quarter seems not to be affecting most businesses in the transportation sector. In fact, the results of our FP Flash Survey on Economic Uncertainty revealed that...more

Auto Dealer Snapshot Takes Deeper Dive into Industry Attitudes Related to Economic Uncertainty

Fisher Phillips on 8/2/2022

The news that the economy has shrunk for a second straight quarter might not come as a surprise to businesses in the automobile industry. After all, the results of our FP Flash Survey on Economic Uncertainty revealed that...more

Healthcare Snapshot Takes Deeper Dive into Industry Attitudes Related to Economic Uncertainty

Fisher Phillips on 8/2/2022

The news that the economy has shrunk for a second straight quarter likely comes as no surprise to businesses in the healthcare sector. After all, the results of our FP Flash Survey on Economic Uncertainty revealed that...more

Retail Snapshot Takes Deeper Dive into Industry Attitudes Related to Economic Uncertainty

Fisher Phillips on 8/2/2022

The news that the economy has shrunk for a second straight quarter might not come as a surprise to businesses in the retail industry. After all, the results of our FP Flash Survey on Economic Uncertainty revealed that retail...more

Top 4 Things Employers Can Do to Prepare for a Possible Recession – and Top 3 Things to Ease Workers’ Inflationary Concerns

Fisher Phillips on 7/28/2022

With the announcement this morning that the country’s economic numbers have declined for the second straight quarter, many employers are fearful of a possible recession, or at least a sustained economic downturn – and are...more

Economic Difficulties as Basis for Termination (Cass., Soc., June 1, 2022, n° 20-19.957)

Dechert LLP on 7/1/2022

The French Supreme Court has just provided very useful guidance for employers on how to secure a valid termination: when justifying a termination on grounds of economic difficulties, the employer can only consider the period...more

COVID Infections May Be Down But COVID Lawsuits Are Up: What Employers Should Consider

Akerman LLP - HR Defense on 3/5/2021

It comes as no surprise that employee claims against employers are on the rise. In the early months of the COVID-19 pandemic, there was a drastic decline in newly filed employment-related lawsuits. The decline was likely the...more

New York’s Post-Election Tax Environment For Business Owners

Farrell Fritz, P.C. on 11/16/2020

Something Is Rotten- There’s a gray pall hanging over New York that has clouded the judgement of many politicians, and has left many of its residents feeling anxious and off-balance. No, it’s not the smoke from all the...more

Financial Daily Dose 10.29.2020 | Top Story: Stocks Lose Most Since June as Renewed Covid Fears Set In

Robins Kaplan LLP on 10/30/2020

Wall Street had another come-to-Jesus day over the troubling recent Covid trends, as surging cases throughout the U.S. and across Europe drove markets to their worst performance since June....more

Don’t Get Schooled: What You Can Learn from the Wave of Trade Secret Cases That Followed the 2007-2008 Financial Crisis

Mintz - Intellectual Property Viewpoints on 7/20/2020

The sharp upswing in trade secret litigation triggered by the global financial crisis of the late 2000s taught companies some hard lessons about trade secret theft and disputes. Although we’re already immersed in a new...more

Financial Daily Dose 7.16.2020 | Top Story: Crypto Scheme Hacks Big-name Twitter Users

Robins Kaplan LLP on 7/17/2020

A Twitter-based crypto scam managed to hack some high-profile accounts Wednesday. VERY high profile...more

Financial Daily Dose 5.5.2020 | Top Story: WeWork’s Neumann sues SoftBank over scuttled $3B share purchase

Robins Kaplan LLP on 5/5/2020

WeWork co-founder wants to get PAAAAAID, so he’s suing SoftBank in an attempt to force it to “go through with its canceled deal to buy $3 billion of the company’s shares, accusing the Japanese conglomerate and its Vision Fund...more

8 Tips For Conducting Layoffs With Compassion

Timothy Corcoran - Corcoran Consulting Group on 3/23/2020

As the legal market evolves, there will be necessary shifts in job design, staffing levels, and skills needed to be an effective contributor. No matter how hard we try to retrain and redeploy valued employees (and we are,...more

Financial Daily Dose 3.17.2020 | Top Story: The Bear Market Roars, with Markets Falling nearly 13% as Whole Sectors of US Economy...

Robins Kaplan LLP on 3/17/2020

As Americans [way-too] slowly come to the realization that COVID-19 is a very real and very present threat, the business world is changing around them at a staggering pace. Stocks nosedived again on Monday, with the three...more

Financial Daily Dose 1.23.2020 | Top Story: Tesla Becomes World’s Second Most Valuable Auto Maker

Robins Kaplan LLP on 1/23/2020

Malware goes commercial. Last year, Jeff Bezos’ phone was hacked after he received a message on WhatsApp containing a line of malware code. The incident has shed light on the malware, aka spyware, industry. Companies sell...more

Recession Preparation 101: Plan for Potential Layoffs Ahead of Time

Carlton Fields on 1/8/2020

The economy is strong. Unemployment continues to hover around 4%, the lowest it has been in decades. Yet there are growing concerns that a recession is coming. Originally published in HR Daily Advisor....more

Financial Daily Dose 12.06.2019 | Top Story: Aramco Prices Shares at High-end of Range That Would Value Company at $1.7 trillion

Robins Kaplan LLP on 12/6/2019

Saudi Aramco has priced its offering at the high end of its range, setting the company up to raise more than $25 billion and value the company at nearly $1.7 trillion—all part of what promises to make this the world’s biggest...more

Financial Daily Dose 9.6.2019 | Top Story: A Preview of Today’s U.S. August Jobs Report

Robins Kaplan LLP on 9/6/2019

Jobs Report Friday! Here’s what to look for in the numbers – WSJ and Bloomberg and NYTimes The White House has rolled out its “long-awaited plan” to return federal mortgage giants Fannie Mae and Freddie Mac to the private...more

Financial Daily Dose 8.23.2019 | Top Story: Financial World Anxiously Awaits Fed Chair’s Jackson Hole Speech for Rate-Cut Clues

Robins Kaplan LLP on 8/26/2019

A recent report showing slowing US manufacturing activity and a sliding 10-year Treasury note yield is only making Chair Powell’s balancing act that much tougher....more

Your Daily Dose of Financial News

Robins Kaplan LLP on 4/5/2019

Not shockingly, the White House’s recent insistence on keeping tariffs in place on China (to ensure deal compliance) is proving to be a major stumbling block in negotiations on a grand trade deal between the US and China....more

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Hiring & Firing › Economic Downturn

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