by Sarah Woolston, J.D.; Employment Law Subject Matter Expert, CalChamber
According to the latest federal data, California employers laid off 236,000 workers in March — which equates to a roughly 60 percent increase over the average pace of layoffs for the last 12 months (and a simple Web search returns a plethora of news stories that echo this sentiment).
For businesses facing significant revenue loss or other financial struggles, laying off employees may seem like the only way to stay afloat. While there are alternatives to this approach, an unpredictable economy, tight budget or drop in production that create issues with making payroll may mean employers ultimately must lay off staff to remain solvent.
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