Limit Your Legal Exposure During Layoffs

• Date: November 30, 2009
• Source: External

Last year has seen a spate of job losses owing to the economic situation across the globe. The ratio of job cuts to job created is hugely skewed. This has resulted in huge applications for the few jobs that are available. The sudden developments have left people at loss of ideas to deal with daily life. They are ending up venting their frustration by filing litigation againt their former employers if they find that the reason for lay-offs are not justified. Corporates who are already battling to keep their business afloat in these tough times are left with additional burden of handling grievances of their ex-employees. The articles speaks on how corporates can avoid this situation by way of methodically approaching any decisions concerning job cuts.