If You Must Do Employee Layoffs; Do Layoffs With Care
This post was prompted by a Wall Street Journal news alert I received yesterday, Sprint is expected to lay off several thousand employees. This is in addition to the 5,000 employees who were let go last year. Sprint employes approximately 60,000 people.
And, daily, more reports of layoffs hit the newswires.
Earlier, in information released on December 21, 2007, the most recent figures available, the Bureau of Labor Statistics (BLS) reported that 136,924 employees were laid off in November, 2007. Hopefully, fewer layoffs occurred during the holiday time period, but they are expected to, once again, escalate this month.
Curious about industries, regions, and businesses doing layoffs? The HRLive Layoff Reports are maintained and checkable.


Comments
People always hate to talk about when they are laid off. But as it has become every day’s news headline since Yahoo started it with cutting 1500 of its task force last year, now a need of platform has been in demand where people can express their selves in words how they are feeling about their company, whey the got laid off was that justified or not.
And every thing they want to tell anonymously.And www.layoffgossip.com is providing you that platform.
I have a very close friend, who graduated from Harvard. Worked for ML for over 8 years, last year he’s laid off too. OMG, now the banking industry is badly hurt, how long it would take for those financial background like him get back to the job market. Banking jobs are not there as much as before as easily seen on http://www.joboutlets.com and other job sites in the region