Legal Considerations for Reductions in Workforce
The decision to implement a reduction in force ("RIF") never comes easily to employers, irrespective of company size or nature of the business. Where a business is struggling, a RIF may be a necessity. However, even where businesses are holding their own in this troubled economic climate, they see the need to stay "lean and mean" and ready to withstand whatever 2009 may bring. Regrettably, this often means cutting back on the most significant expense -- personnel.