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Layoffs Take a (Brief) Holiday

Likely it's a year-end anomaly, as signs of economic problems are hardly abating. But the job losses continue at AMD, Interface Inc., Kemet, Textron, and Unisys.

December 31, 2008

The rapid pace of layoffs slowed a bit as Corporate America — with its record November for job cuts just past — plans to ring out 2008. Could it be the sign of a bottom? Or, perhaps more likely, that few companies have the heart to fire workers during the holidays and preparations for New Year's celebrations? Read more...

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More Employee Benefits Articles

  • Loosen Pension-Funding Rules, Consultants Ask Congress

    Actuaries seek added flexibility for plan sponsors in choosing whether to "smooth" asset values or pick a spot interest rate to value liabilities. December 10, 2008

  • Blame Game

    Many companies "are kidding themselves" about the effort required to manage defined-contribution pension schemes. December 8, 2008

  • Know Your Severance Rights and Risks

    Jitters on Wall Street are well founded for those without preexisting severance agreements. November 7, 2008

  • Health Check

    In Europe, the rising costs of health benefits are proving yet another worry for cash-strapped companies. November 3, 2008

  • Swiping Nest Eggs?

    Danger: Borrowing from 401(k) accounts made easy. November 1, 2008

  • The Bear Ate My Pension: $2 Trillion Worth

    Congressional Budget Office estimates losses of $1 trillion, or 10 percent of assets, over four quarters. Later plunges may have doubled that. October 7, 2008

  • GOP Optimistic About Bailout Vote

    House Minority Whip Roy Blunt says constituents are starting to realize the impact of the credit crunch on their pension plans and the broader economy. October 3, 2008

  • A Chicken and Nest-Egg Problem

    Persuading employees to participate in company retirement plans isn't getting any easier. October 1, 2008

  • Benefits: Adult Education

    By helping employees make the most of the benefits companies offer, employers help themselves as well. October 1, 2008

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Which One When?

A roundup of key accounting deadlines, developments, and detours to watch for in 2009.

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