News & Analysis as of

Voluntary Reduction in Force Layoffs

Troutman Pepper Locke

Appeals Court Blocks CFPB Layoffs Pending Further Review

Troutman Pepper Locke on

The U.S. Court of Appeals for the District of Columbia Circuit issued an order temporarily halting the Consumer Financial Protection Bureau’s (CFPB or Bureau) mass layoffs. The court granted an emergency motion to enforce or...more

Troutman Pepper Locke

CFPB Implements Mass Layoffs: Union Files Emergency Motion to Show Cause

Troutman Pepper Locke on

The Consumer Financial Protection Bureau (CFPB or Bureau) is undergoing significant changes as the Trump administration implements sweeping layoffs just days after revising the Bureau’s regulatory priorities. According to...more

Ballard Spahr LLP

Judge Jackson schedules hearing for 11:00 AM today regarding mass layoffs at the CFPB

Ballard Spahr LLP on

It was reported last night that the CFPB had laid off about 90% of its staff. This came on the heels of the CFPB providing each of its employees with its 2025 Supervisory and Enforcement Priorities which calls for a much...more

McNees Wallace & Nurick LLC

Voluntary Buyouts:The Pros and Cons

Yesterday, the Trump Administration announced that it offered voluntary buyouts to over two million federal employees.  Employees who voluntarily resign their position will receive payments equal to approximately eight months...more

McNees Wallace & Nurick LLC

Voluntary Buyouts: The Pros and Cons

Yesterday, the Trump Administration announced that it offered voluntary buyouts to over two million federal employees. Employees who voluntarily resign their position will receive payments equal to approximately eight months...more

Ankura

Cost Optimization: Stop Nibbling Around the Edges

Ankura on

General economic indicators are showing positive movement. Consumer sentiment has rebounded, experiencing a notable increase of 21.7% in January 2024, its highest level since July 2021. Inflation is stabilizing across broad...more

Seyfarth Shaw LLP

APAC Reductions in Force Blog Series Breakdown of the Top 10 Things to Look Out for – Part 1 of 4

Seyfarth Shaw LLP on

Seyfarth Synopsis: Seyfarth recently hosted a webinar entitled Asia-Pacific Reductions in Force: Ten Things to Look Out for, addressing the practical issues employers should be aware of when restructuring in APAC. We shared...more

Littler

Steps Employers Can Take Before a Reduction in Force to Help Protect Trade Secrets

Littler on

Layoffs are here and with them comes an often-overlooked threat: trade secret misappropriation.  Thousands of tech workers have been laid off over the last year, and 61% of business leaders say their organizations will likely...more

Dorsey & Whitney LLP

Economic Downturn May Cause Spike in Litigation Arising From Reductions-in-Force

Dorsey & Whitney LLP on

With economists predicting a recession in the coming year, many employers are considering downsizing their operations. In planning for and implementing such reductions, employers should be aware of the risk of litigation...more

Parker Poe Adams & Bernstein LLP

Amid Twitter Severance Controversy, Practical Tips on Release Agreements

As part of the well-publicized reductions in force taking place at Twitter, former employees and their advocates have heavily criticized the severance packages the company offered. In many cases, those offers were limited to...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

New Jersey Mini-WARN Act Overhaul Takes Effect in 90 Days

Almost three years after signing into law legislation significantly amending the state’s mini-WARN Act (officially known as the “Millville Dallas Airmotive Plant Job Loss Notification Act”) (NJ WARN), Governor Phil Murphy...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Five Work Streams for Employers to Consider Before a RIF

Employers often consider five key “work streams” at the initial planning stages of a reduction in force (RIF). WARN Act and Mini-WARN Requirements - The federal Worker Adjustment and Retraining Notification (WARN)...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Foreign Worker Visas Issues Could Complicate Employers’ Planned Reductions in Force

Businesses across industries are reducing their workforces and implementing hiring freezes amid increasing labor costs and fears of slower economic growth. In fact, reports suggest that tens of thousands of workers could be...more

Akin Gump Strauss Hauer & Feld LLP

Effectively Managing Workforce Contraction in Turbulent Times

Rising inflation, increased costs of capital and the anticipation of a downturn in the economy have caused companies in many industries to begin to implement workforce reorganizations and reductions. In making plans for...more

Morgan, Brown & Joy, LLP

Massachusetts Appeals Court Decision Reminds Employers That Succession Planning Must Be Handled With Care

There is no doubt that employers have a legitimate interest in succession planning. However, a recent Massachusetts Appeals Court decision underscores the importance of utilizing and communicating age-neutral criteria when...more

Winstead PC

Relief for Partial Plan Terminations May Be “Too Little, Too Early”

Winstead PC on

No one denies that employers confronted a plethora of challenges in 2020, and many had to make difficult decisions to reduce their workforces due to the pandemic. Such reductions in force can implicate a number of business...more

Benesch

The WARN Act and COVID-19 Litigation: Early Signs

Benesch on

On January 4, 2020, the U.S. District Court for the Middle District of Florida ruled that neither the “natural disaster” exception nor the “unforeseeable business circumstance” exception warranted dismissal of a WARN Act...more

Littler

Workforce Reductions and Statistics: A Primer and Recommendations

Littler on

Workforce reductions, whether in the form of hours reductions, furloughs, or layoffs, are often a last resort for employers experiencing financial pressures. Nevertheless, when these actions are necessary, time typically is...more

Jones Day

Strategies and Considerations for Reducing Labor Costs in the EU

Jones Day on

The Situation: Targeted legislative and regulatory measures implemented by many EU Member States during the pandemic may ultimately prove insufficient to ease employers' burdens and prevent employment losses. The Result:...more

Mintz - Intellectual Property Viewpoints

Keeping (Trade) Secrets Amid a Reduction in Force

With the US economy officially in a recession as of June and business closures continuing due to rising coronavirus infection rates, more companies may need to conduct layoffs in the coming months. Although discharging...more

Morgan Lewis

Summary of Reductions in Force by Jurisdiction: Redundancy or Collective Termination Procedures in Applicable Law

Morgan Lewis on

We provide a summary of the legal landscape concerning reductions in force in the following jurisdictions: Argentina, Brazil, Chile, Colombia, Costa Rica, Ecuador, Mexico, Panama, Peru, Puerto Rico, and Uruguay. ...more

Littler

Maryland Enacts Mandatory WARN Act Obligations for Even Small Job Actions

Littler on

Maryland recently enacted amendments to its Economic Stabilization Act to require that an employer implementing a “reduction in operations” must provide 60 days’ advance notice to employees and others, and also provide...more

Littler

Washington State Governor Issues Proclamation Granting “High-Risk” Employees Additional Protections

Littler on

On April 13, 2020, Washington Governor Inslee issued a proclamation prohibiting employers from engaging in certain employment practices with respect to employees considered high-risk under the proclamation....more

Akin Gump Strauss Hauer & Feld LLP

Effectively Managing Workforce Contraction in Turbulent Times

The grinding halt of the U.S. economy due to the COVID-19 pandemic, as well as the Russia-Saudi Arabia oil price war, have forced companies in every industry to evaluate workforce reorganizations and reductions....more

Timothy Corcoran - Corcoran Consulting Group

8 Tips For Conducting Layoffs With Compassion

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

29 Results
 / 
View per page
Page: of 2

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide