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Lay offs reach Japan

World economy is heavily interconnected and flicker in any economy creates ripples everywhere. So how the Japan will escape the fact that US economy is in down trend ?In general the credit crunch is hitting everyone. Automobile industry in US is struggling to survive....

Severance Pay ,

Severance pay is paid for terminating employment .This can be layoff , job elimination ,restructuring or mutual agreement. If employee agreement do not stipulate any serverance pay , there is no obligation on employer to pay.But normally employer get rid of any future...

Unavoidable Lay offs & Coping with them.

Indian Blogs are buzzed with different views about Jet-layoff . Responses varies from Corporate social responsibility of jet to unavoidable nature of lay-offs .Though the different views are genuine and true in its nature , the fact remains that Lay offs are reality...