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Layoffs Acquisitions

BakerHostetler

Whether Buyer or Seller: Heed This WARNing

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One often forgotten consideration in many mergers and acquisitions is the Worker Adjustment and Retraining Notification Act of 1988 (WARN Act). Whether you are a buyer or a seller, you should consider whether the WARN Act...more

Ankura

Cost Optimization: Stop Nibbling Around the Edges

Ankura on

General economic indicators are showing positive movement. Consumer sentiment has rebounded, experiencing a notable increase of 21.7% in January 2024, its highest level since July 2021. Inflation is stabilizing across broad...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Subjective Criteria For Hiring Decisions Or Rifs May Be Problematic

Mergers and acquisitions bring lots of financial opportunity, but they can sometimes result in upheaval in the workforce as the new entity determines whether it will operate business differently from its predecessor. If the...more

Robins Kaplan LLP

Financial Daily Dose 7.9.2019 | Top Story: Deutsche Bank Cuts 18,000 Jobs Globally

Robins Kaplan LLP on

Lots more details on what turned out to be something of a bloodbath for Deutsche Bank employees around the world, with the bank starting to make good yesterday on its plans to cut nearly 18,000 employees worldwide – NYTimes...more

Dorsey & Whitney LLP

A WARN Act Warning

Dorsey & Whitney LLP on

Under U.S. law, large employers have an obligation to notify their employees at least 60 days before a “plant closing” or “mass layoff.” This requirement can have serious implications for Canadian companies engaged in M&A...more

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