By
Lisa A. Lori
and Esq.
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1. Don’t lie to your employees.
If you are laying off employees because of financial reasons (as opposed to their job performance), tell them so. It is best to admit the company has been hit by hard economic times and, as a result, the company must lay off one or more employees.
2. Obtain a waiver or release from the employees.
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Lisa A. Lori
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