Legal Considerations for Layoffs, Furloughs, and Reduction of Workforce in the Wake of COVID-19

31 March 2020
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Key takeaways:

  • As the COVID-19 pandemic continues to unfold, many companies are choosing from a menu of options to control labor costs, including layoffs, furloughs, or temporary reductions in work hours or wages, based on their current or future business needs.
  • When evaluating the options, companies should stay mindful of certain legal requirements and risks applicable to layoffs, furloughs, and reducing hours for employees.