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Layoff is only the last resort ...

December 2008 - Finance. Legal Developments by Ambruz & Dark.

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Do not throw away your investment into employees by early layoff: employers’ options in a time of financial crisis

In the past weeks the amount of news about imminent layoff of Czech companies’ employees has increased as a result of the financial crisis. However, layoff should only be the last resort, when all options to retain qualified and experienced employees are exhausted.

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