Why do managers say cutting costs in their department and don’t do Layoffs instead ask employees to look for jobs why?
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Cause of severance and the money allocated to the department. Let go a long term employee? Okay you probably won't get a new person for a good while.
Any impact to internal audit?
Could do layoffs with severance in exchange for waiver of legal claims, but that costs more and increases unemployment insurance rates.
Gotta shift those American jobs to Manila somehow.
Anyone have ballpark dates for the “RIF?”
Because the layoffs are coming again.
If employees get “other” jobs then Chase doesn’t need to pay severance.
If you are keeping H1-B worker while cutting American out, you have to do it this way.