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Termination

The Right Things to Do to Avoid Wrongful Termination Claims

October 23, 2008
What can your company do to reduce the risk of employment claims that may arise from necessary terminations? It’s nothing different from what most companies do day in and day out. But now, more than ever, it is important to be consistent and mindful of the process when it comes to making these difficult decisions and taking action.
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New York Economy Will Feel Wall Street’s Pain

September 16, 2008
Before Lehman Brothers went bankrupt and Merrill Lynch & Co. was forced to sell, the subprime mortgage crisis prompted estimates of Wall Street job losses to soar from 2,000 to 33,000 during the current downtown. Now, those numbers could climb even higher.
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Abbott Laboratories Cutting 1,000 Workers

August 21, 2008
The plan to ‘streamline global manufacturing operations’ will result in $370 million in pre-tax charges over the next several years, including $140 million in the third quarter of this year. Employee-related costs will represent about $110 million of the charges.
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