Here is a great example of a business leader and employees working together, in tough times, to meet the best interests of everyone. I’ve written here about alternatives to layoffs. Reduced workweeks, and reduced pay, is one way to deal with declining demand but high employee cost. That is exactly what Vision Land Consultants has [...]
Uncork the Champagne This really irks me. It’s bad enough that most of the news we get is “bad news” (“if it’s bleeding, it’s leading…”), but we also have to interpret the news accurately because the media won’t do it. Did you see this headline: “Labor Department Says Productivity Surges as Labor Pressures Ease” If [...]
I had to stifle a personal laugh today… (’cause this is no laughing matter). As I was talking with my wife before we started our day I told her I was thinking about the challenges businesses are having with this new economy and how so many companies are laying off employees, but there are other [...]
[tag]Layoffs[/tag] from December 2007 through November 2008: 2,108,743 National [tag]unemployment[/tag] in November: 6.7 percent (seasonally adjusted) up from 6.5 percent in October up from 4.7 percent a year earlier Unemployment is up 2 points, but 42% year-over-year. Manufacturing Index Hits 28-Year Low California mandates furloughs and forecasts layoffs in 2009 While [tag]labor unions[/tag] provide a [...]
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