Layoffs SUCK!
So… something very sad an unfortunate happened yesterday.
Thankfully, both my husband and I were lucky and blessed enough to be spared, but I still feel terrible for the hundreds affected.
The company I work for just layed off 220 people, which is HUGE because I live in a small town. Many of my close friend and neighbors were laid off. So many people have been affected.
Layoff definition from wikipedia.
Layoff (in British[1] and American English), also called redundancy in the UK, is the temporary suspension or permanent termination of employment of an employee or (more commonly) a group of employees for business reasons, such as when certain positions are no longer necessary or when a business slow-down occurs. Originally the term layoff referred exclusively to a temporary interruption in work, as when factory work cyclically falls off. The term however nowadays usually means the permanent elimination of a position, requiring the addition of "temporary" to specify the original meaning
Quote from the News:
“Tim Zipp, the company’s senior vice president, said Tuesday the eliminated jobs are part of a restructuring of the company necessary to address changes in the way Medicare pays for the scooters and wheelchairs the firm sells.”
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