Even in an economy that features low unemployment and strong job demand, a company may be compelled to engage in a reduction-in-force (RIF). The recent announcement by General Motors that it is closing a number of North American facilities and laying off thousands of workers serves as a good example. Indeed, even while today’s headlines tout a tight job market, we continue to receive inquiries regarding issues associated with a RIF.
Whether the RIF is driven by the need for cost savings, a transition to a new line of business, a corporate reorganization, or some other factor, it can bring with it legal risks related to the company’s workplace compliance obligations. NT Lakis attorneys have therefore prepared a guide to RIFs, designed to assist employers to minimize the potential legal risks that can accompany a RIF.
Please note that our RIF guide is not intended to provide legal advice. For legal advice in dealing with specific situations, consult with legal counsel.
Members of the Center for Workplace Compliance (CWC) can read more here.