Another potential outcome of a
lay-off may be reduced productivity as a result of reduced effort following a
lay-off.
Bosses blame the
lay-offs on falling sales in their biggest market, the US.
In implementing a
lay-off, it is critical to manage the communication of the message.
"At a special meeting, the company has confirmed that the reduced Jaguar, Land Rover and Volvo volumes would lead to temporary
lay-offs during the month of December."
"The terms of this
lay-off pay have been fully worked out in agreement with the trade unions involved.
"If people are laid off, they are certainly entitled to
lay-off pay."
Last week Hyundai began distributing
lay-off notices to 2,678 workers at its factory in the southeastern city of Ulsan.
It is understood the
lay-off figure has not been finalised but will be harsher than anticipated - but no more than 100 and there will be no redundancies.
NORDIC BUSINESS REPORT-22 April 2009-Larox Corporation agrees temporary
lay-offs with employees in Finland(C)1994-2009 M2 COMMUNICATIONS LTD http://www.m2.com
The
lay-offs mainly affect consultants for the civilian sector and are part of an on-going action programme to rationalise operations.
The company said that it is also considering
lay-offs at TINE Meieriet Ost Dovre and TINE Meieriet Vest Byrkjelo.
NORDIC BUSINESS REPORT-30 September 2005-SEM AB cancels
lay-offs after new Saab order(C)1994-2005 M2 COMMUNICATIONS LTD http://www.m2.com