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Sign of the TimesLayoffs

One of the most difficult types of termination a company can face is the mass layoff. Employment lawyers call them reductions in force, or RIFs. In a down economy, layoffs become increasingly common. Obviously, they are devastating for the employees who lose their jobs. But they are also miserable for the managers and HR professionals who have to make the decisions.

Monday, Bloody Monday

A few years ago, on a single Monday—January 26, 2009—America's largest companies laid off about 70,000 employees. This happened in a month when 200,000 American workers had their jobs cut. Granted, many of these workers had been at a ...

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