The Worker Adjustment and Retraining Notification Act requires companies to provide notice before implementing mass layoffs.

A recent headline in the Wall Street Journal read, “No-Layoff Policies Crumble,” as a number of companies with historical “no layoff” policies have been forced by the economic downturn to ...

One of the world's largest oil companies is set to lay off thousands of employees in a cost-cutting maneuver. In January, BP announced it would eliminate 4,700 jobs and 3,000 contractor positions ...

While it’s not confirmed, it appears the layoffs are linked to the company’s downsizing efforts overall ... According to several published reports, Tenneco – which was acquired by Apollo ...