This may not be layoff related, but as soon as I saw the headline Pay czar grants waivers after government lobbying I knew I had to point out the absurdness of it all. The story goes: Officials from the Fed and Treasury asked Feinberg to relax pay rules for workers they deemed essential to its success, […]

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layofflist on December 3rd, 2009

Just walk away……….. A younger generation might hear Kelly Clarkson sing her song, Walk Away, while an older crowd may relate that phrase to lyrics from The Left Banke hit of 1966, Walk Away Renee. Unfortunately, “walk away” is also the lament of many current homeowners holding mortgage obligations that far outweigh the current value […]

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layofflist on December 2nd, 2009

The COBRA Continuation Coverage Assistance, which was made available under ARRA (stimulus) is ending for millions who started on the plan in March. This subsidy paid 65% of the cost of COBRA for a nine month period: The premium reduction applies to periods of health coverage beginning on or after February 17, 2009 and lasts […]

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