News & Analysis as of

Layoffs

BakerHostetler

Efforts to Expand Mini-WARN Acts’ Requirements Underscore the Importance of Knowing State-Level, Post-Sale Obligations Relating to...

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As addressed in a prior post, one often-forgotten consideration in many mergers and acquisitions is the federal Worker Adjustment and Retraining Notification Act of 1988 (WARN Act), which generally requires covered employers...more

Troutman Pepper Locke

Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – April 2025 # 4

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To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more

Foley & Lardner LLP

Taming the Tariffs: Employee Benefit Issues for Employers During Times of Economic Uncertainty – Group Employee Terminations

Foley & Lardner LLP on

Many companies are scrambling to quickly assess how to reduce the business impact of the upheaval to U.S. manufacturing and trading with the recent onslaught of tariffs threatened or imposed by the United States and the...more

Holland & Knight LLP

CFPB Announces New Supervision and Enforcement Priorities, Then Mass Layoffs Temporarily Halted

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CFPB Chief Legal Officer Mark Paoletta on April 16, 2025, issued the CFPB's latest staff memo outlining the agency's supervision and enforcement priorities. ...more

Troutman Pepper Locke

Judge Halts CFPB Layoffs Again

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At an emergency hearing this morning in National Treasury Employees Union v. Vought, Judge Amy Berman Jackson once again halted the layoffs of over 1,000 employees at the Consumer Financial Protection Bureau (CFPB). The judge...more

Orrick, Herrington & Sutcliffe LLP

CFPB issues reduction in force, district court holds hearing and delays firings

On April 17, the CFPB issued a reduction in force (RIF) to notify employees of their release due to the elimination of their positions. In the RIF, the Bureau stated reductions were necessary to restructure the Bureau’s...more

Greenberg Glusker LLP

New Season Springs More Layoffs: What Employers Should Know

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Spring has sprung. Unfortunately, for many employers, however, the new season is not marked by its characteristic hope and promise. Employers have been hit hard by decreased revenues, funding cuts, and increased costs....more

Troutman Pepper Locke

CFPB Implements Mass Layoffs: Union Files Emergency Motion to Show Cause

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The Consumer Financial Protection Bureau (CFPB or Bureau) is undergoing significant changes as the Trump administration implements sweeping layoffs just days after revising the Bureau’s regulatory priorities. According to...more

Ballard Spahr LLP

Judge Jackson schedules hearing for 11:00 AM today regarding mass layoffs at the CFPB

Ballard Spahr LLP on

It was reported last night that the CFPB had laid off about 90% of its staff. This came on the heels of the CFPB providing each of its employees with its 2025 Supervisory and Enforcement Priorities which calls for a much...more

McGuireWoods Consulting

Virginia Legislative Committees Respond to Federal Layoff Effects and Budget Reduction

On April 2, 2025, and April 8, 2025, respectively, the Senate’s special subcommittee and House emergency committee met to receive updates on how federal layoffs and budget reductions are impacting Virginia’s residents and...more

Troutman Pepper Locke

Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – April 2025 # 3

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To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more

Mintz - Health Care Viewpoints

HHS Restructuring and Workforce Reductions – Key Implications for the Health Care Industry

As spring arrived in the mid-Atlantic region, the Department of Health and Human Services (HHS) under Robert F. Kennedy, Jr. followed through with a previously announced Reduction in Force (RIF) that reduced the department’s...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Beltway Buzz - April 2025 #2

The Beltway Buzz™ is a weekly update summarizing labor and employment news from inside the Beltway and clarifying how what’s happening in Washington, D.C., could impact your business....more

Parker Poe Adams & Bernstein LLP

Legal Considerations for Employers Contemplating Layoffs to Comply With Advance Notice Requirements

In recent weeks, we have fielded a growing number of questions from employers contemplating layoffs due to economic uncertainty surrounding their businesses. ...more

Ius Laboris

‘Made in Canada’: Workforce Considerations in Times of Tariffs

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For businesses, the past several weeks have been amongst the most unpredictable in recent memory. The tariffs imposed by the United States have created new challenges and opportunities for companies across the globe. We take...more

Dechert LLP

Critical Insights for Healthcare Investors and Stakeholders Amid HHS Layoffs and OGC Consolidation

Dechert LLP on

The U.S. Department of Health and Human Services is conducting office closures, workforce reductions and other organizational changes that will affect its operations. Disruptions to Change of Ownership approvals and other...more

Lerch, Early & Brewer

Measuring the Financial Impact of Job Loss on Divorce

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With the current administration implementing a Reduction in Force (RIF), many individuals have undergone layoffs, furloughs, and deferred payroll. For those who are in the middle of a divorce, pay alimony or child support,...more

Hogan Lovells

FDA Reduction-In-Force expected to impact drug & biologic review and regulation, other operations

Hogan Lovells on

Last week, Health and Human Services (HHS) Secretary Robert F. Kennedy, Jr. announced an impending reduction in force (RIF) of approximately 10,000 positions, including about 3,500 Food and Drug Administration (FDA)...more

ArentFox Schiff

Mass Layoffs Begin At the FDA

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As a further update to our alert from March 27, the Trump Administration began mass layoffs at US health agencies on April 1....more

Epstein Becker & Green

FMCS Services Curtailed Pursuant to Executive Order

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The Federal Mediation and Conciliation Service (FMCS) has begun to significantly curtail services as the agency moves to implement a March 14 Executive Order, Continuing the Reduction of the Federal Bureaucracy, that directs...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

20 States and District of Columbia Sue Over U.S. Department of Education Mass Layoff

On March 13, 2025, twenty states and the District of Columbia sued the Trump administration to stop its plans to cut the U.S. Department of Education’s workforce by roughly half. The case is in the U.S. District Court for the...more

Littler

Layoffs in Germany & Poland: Differences & Similarities

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As layoff procedures in Poland and Germany are anchored in the same EU Directive, their national regulations are similar in direction, but they still have their own flavor and local specificity. Germany and Poland share...more

Foley & Lardner LLP

Are Workforce Reductions Coming to the Private Sector? And, if so, How Should Companies Handle Them?

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Massive federal workforce reductions (once a rare event) have been featured prominently in the news lately, along with reports of criticism about the way they are occurring. Will private companies follow suit? Some economic...more

Warner Norcross + Judd

Key Update on WARN Act: Bankruptcy Court Limits Employer Liability in Mass Layoffs

The Federal Worker Adjustment Retraining Notification (WARN) Act requires employers to give workers 60 days’ written notice of a plant closing or mass termination. In the latest update to an important case interpreting the...more

Mintz - Energy & Sustainability Viewpoints

Energy & Sustainability Washington Update — March 2025

Federal Energy Policy Update: A Tumultuous Start to 2025 - The saying “March comes in like a lion” refers to the weather. However, in the political sphere, the Trump administration has ushered in a turbulent start to the...more

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