Companies avoid layoffs with work-sharing program

Posted by ShawnHessinger under News
From http://www.nytimes.com 1436 days ago
Made Hot by: on June 17, 2009 9:51 am

Too few companies know and too few states participate in this program that helps avoid layoffs while reducing hours.

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Comments

Written by ShawnHessinger
1435 days ago

Thanks for the comment. I think one of the key ideas the article communicates is that this will only work with industries that have a hope of bouncing back. For some, the financial crisis has merely uncovered a crumbling foundation, the result of rapidly changing markets, and for these industries preventing the inevitable job loss may be pointless.

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Written by q4sales
1435 days ago

I read this piece because of your recommendation, Shawn. It had some good ideas in it and it is important for companies to realize they have options.

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