If the contract of employment does not allow for a lay off
, what other options does the laid off employee have?
Separately, there are rumors that the Lebanese Broadcasting Corporation (LBC) plans to lay off
40 percent of its employees and to freeze a number of TV programs, in order to economize on costs, ASHARQ AL AWSAT said.
Oerlikon-Graziano, a supplier of Italy-based Fiat SpA (NYSE: FIA) (ISE: IT0001976403), is planning to lay off
1,370 employees in eight Italian plants, according to labour union Fim Cisl.
Company spokesman Mr Min Kyung-hwan said management would not back away from its plan to lay off
Auto Business News-13 March 2009-GM to lay off
Saab workers(C)2009 ENPublishing - http://www.enpublishing.co.uk
If the contract does not allow for lay offs
without pay, then the options an employee has in this situation are:
The lay offs
are expected to take place in March or April and are due to decline in consumer demand which has lead to reduced production.
Fiat Group SpA (Fiat) (NYSE: FIA) (ISE: IT0001976403), an Italy-based automaker, is planning to lay off