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| nymbus layoffs: Laying Off Employees , 1999-09-01 Every day on the job, you face common challenges. And you need immediate solutions to those challenges. The Pocket Mentor Series can help. Each book in the series is packed with handy tools, self-tests, and real-life examples to help you identify your strengths and weaknesses and hone critical skills. Whether you?re at your desk, in a meeting, or on the road, these portable, concise guides enable you to tackle the daily demands of your work with speed, savvy, and effectiveness. The latest volume in the series: Laying Off Employees Implementing a layoff is one of the most difficult and painful challenges a manager can face. Handled skillfully and compassionately, a layoff can set your team--and your company--on a positive new path. But, when handled improperly, layoffs can have negative effects that impact morale, productivity and more. This volume provides managers with valuable advice proven strategies for laying off employees. In it, you'll learn how to: - Make key decisions before, during, and after a layoff - Communicate effectively with employees about a layoff - Rebuild a dedicated, high-performing post-layoff team |
| nymbus layoffs: The Disposable American Louis Uchitelle, 2007-04-10 A timely, eye-opening account from an award-winning reporter that reveals how layoffs in America are counterproductive and what companies can do to avoid them and help create jobs, benefiting workers, corporations, and the nation as a whole. “Effectively wrecks the claim that all this downsizing makes the country more productive, more competitive, more flexible…. A strong case that the whole middle class is at risk.” —The New York Times Layoffs have become a fact of life in today’s economy; initiated in the mid 1970s, they are now widely expected, and even accepted. It doesn’t have to be that way. In The Disposable American, Louis Uchitelle offers an eye-opening account of layoffs in America–how they started, their questionable necessity, and their devastating psychological impact on individuals at all income levels. Through portraits of both executives and workers at companies such as Stanley Works, United Airlines, and Citigroup, Uchitelle shows how layoffs are in fact counterproductive, rarely promoting efficiency or profitability in the long term. Recognizing that a global competitive economy makes tightening necessary, Uchitelle offers specific recommendations for government policies that would encourage companies to avoid layoffs and help create jobs. |
| nymbus layoffs: Layoffs in the Public Service : Brief Submitted to the Commission of Inquiry on Redundancies and Layoffs Association des économistes, sociologues et statisticien(ne)s, Canada. Commission d'enquête sur les excédents de main d'oeuvre et les mises à pied, Economists', Sociologists', and Statisticians' Association, Canada. Commission of Inquiry into Redundancies and Layoffs, 1978 |
| nymbus layoffs: Coping With Job Loss Carrie R. Leana, Daniel C. Feldman, 1992-04-20 This is an examination of the emotional and psychological effects of job loss along with practical strategies for coping. All kinds of layoffs, from plant closings, work slow downs, corporate downsizings, and mergers and acquisitions are discussed, illustrated with case studies of Pittsburgh steel workers and Florida Space Coast engineers. The authors document the turmoil that often follows layoffs and the ways that many laid-off workers have succeeded in putting their lives back together. They also evaluate available support services, including extended benefits, outplacement, and retraining programmes. |
| nymbus layoffs: Plant Closings: Information on Advance Notice and Assistance to Dislocated Workers , 1987 |
| nymbus layoffs: Redundancy, Layoffs, and Plant Closures Raymond M. Lee, 1987 |
| nymbus layoffs: Leading After a Layoff: Reignite Your Team's Productivity...Quickly Ray Salemi, 2009-10-16 Help your team survive the damaging effects of a layoff Learn how to keep the company running and profitable--and your team motivated and happy Being laid off from a job can be devastating. The experience can be just as brutal for the manager of a surviving team. You need to lead your team to higher productivity just as low morale, survivor guilt, and confusion are at their peak. You need a twelve-week program that brings your team back to life and makes them less vulnerable to layoffs! With Ray Salemi's twelve-week recovery plan, you'll learn the secrets of bringing employees back from the organizational-and emotional-turmoil of downsizing. Rebuild Trust: Create a bond of loyalty with your team members that can't be affected by layoffs. Survey the Damage: Assess the needs of the department and company. Lead So Others Will Follow: Help your team take ownership of its recovery and place in the organization. Foster Emotional Recovery: Help your team members heal themselves with simple techniques. Let Salemi mentor and guide you through the step-by-step development plan that takes groups in complete disarray and rebuilds them into highly functioning teams. |
| nymbus layoffs: Developing an Employment Readjustment System in Response to Layoffs in New York State Government Charles Salvatore DeAngelo, 1978 |
| nymbus layoffs: Corporate Executions Alan Downs, 1995 This expose offers the grim truth about layoffs, revealing that they are not the panacea companies had hoped for, and that many companies are financially worse off after a layoff. Downs gives managers, leaders, the laid-off, and the survivors a searingly honest look at the damage that's been done. |
| nymbus layoffs: Mass Layoffs in ... , 1990 |
| nymbus layoffs: Surviving Job Loss Kenneth A. Root, Rosemarie J. Park, 2016-02-11 Root and Park examine the plight of workers displaced from two paper mills and their paths to reemployment, retirement decisions, and the personal struggles they faced as a result of their dislocations. They provide insightful, personal portraits of workers that are representative of the hundreds who lost their jobs as a result of two mill closings—one in Sartell, Minnesota, and the other in Bucksport, Maine. In addition, the authors describe the types of assistance that were offered to the workers displaced by the mill closings, dedicate a chapter each to the plights of female workers and of spouses who were both displaced by the closings, discuss the importance of community when economic displacement occurs, compare the experience of a mill closing in Canada with the Maine and Minnesota closings, and conclude with ways that society can be more proactive in assisting workers who suffer job displacement and the economic and psychological impacts that so often occur as a result. Overall, this book adds a human perspective to the problems facing dislocated workers, not only in the shrinking paper industry but also in other contracting industries in the United States. |
| nymbus layoffs: Healing the Wounds David M. Noer, 2009-08-31 From the founder of layoff survivor sickness an updated edition of a book for today's downsized workforce Thoroughly revised and updated, David Noer's classic book about downsized organizations has never been more relevant. Reports of the most recent layoffs are making the front pages of our newspapers with frightening regularity. And massive downsizing continues to reshape the face of American business. But what about those who remain behind? Healing the Wounds provides an antidote to the widespread malaise on the American business scene left in the wake of workforce reductions. Drawing on case studies and original research, David M. Noer-an expert frequently quoted in major media such as The Wall Street Journal and Fortune on the topic of layoffs and layoff survivor sickness-provides executives, human resource professionals, managers, and consultants with an original model and clear guidelines for revitalizing downsized organizations and the employees left behind. Offers thoroughly revised edition of a book about layoffs and those who are left behind Filled with relevant case studies and recent research Written by David Noer an acclaimed expert on the topic Gives employers much-needed guidance for revitalizing downsized companies |
| nymbus layoffs: Permanent Mass Layoffs and Plant Closings , 1987 |
| nymbus layoffs: Layoffs Daniel B. Cornfield, 1980 |
| nymbus layoffs: Business Layoffs & Firings B. Vincent, 2021-05-19 Someone once said the day firing becomes easy. It's the day to fire yourself, and the truth is, there's nothing harder for a manager to do than to let people go. But hard as it is, it's sometimes unavoidable if you stay in a management or leadership position long enough, chances are you're going to have to fire someone. Or worse, you might be forced to make multi employee layoff decisions, or at least be the one pick to implement those decisions. So, the question is, how do we do it? How do we terminate someone from our organization in a way that preserves their dignity and reputation while also minimizing the impact on the company's morale as well as the company's performance? In this course, we're going to show you how to do exactly that. |
| nymbus layoffs: Layoffs California State Library. State Information & Reference Center, 1991 |
| nymbus layoffs: Layoffs and Survivors' Career Motivation Kevin G. Fowke, 1998 Examines the effects of redundancies on those who remain in the downsized organization. |
| nymbus layoffs: A Guide to Advance Notice of Closings and Layoffs , 1990 |
| nymbus layoffs: Plant Relocations and Layoffs Study Committee Positive Approach Report Connecticut. Committee to Study the Issue of Plant Relocations and Layoffs, 1982 |
| nymbus layoffs: Layoffs in the Public Sector (A) Jonathan Brock, 2011 This case presents an ethical and legal dilemma that frequently occurs during the layoff process. The Vice President of a University Marketing Department must layoff a worker and settles on an older, higher-paid employee. However, they must be sure not to invite legal action by firing an older worker and hiring a younger one, as well as the ethical concerns raised by firing a worker dependent on their salary. |
| nymbus layoffs: Leading After a Layoff Ray Salemi, 2005-01 Managers dealing with a layoff are fighting the twin forces of employee discontent and upper management pressure. The surviving employees must grapple with the emotions of shock, fear and betrayal, while upper management pushes for immediate results so they can declare the redundancy programme a success. |
| nymbus layoffs: Layoffs and Job Security Survey Society for Human Resource Management (U.S.), 2001 This survey examines reasons organizations resort to layoffs, how layoffs are conducted, and the subsequent effects on remaining staff. Survey data collection ended just prior to September 11, and therefore does not reflect conditions following the attacks. However, it does provide valuable information on employee response to layoffs and insight on how human resource professionals may help to assuage the stress of future staff reductions. Among its many conclusions, the survey finds that 20 percent of organizations announced layoffs through group meetings, while five percent issued written notice, and that following the reductions, organizations reported improved profits and productivity, but also increased gossip, decreased morale and loyalty, and a rise in resignations. |
| nymbus layoffs: Layoffs and Labor Hoarding Clive Bull, 1984 |
| nymbus layoffs: Preventing Layoffs Gary B. Hansen, 1986 |
| nymbus layoffs: Layoffs and Lemons Robert Gibbons, Lawrence F. Katz, 1989 In this paper we provide theoretical and empirical analyses of an asymmetric-information model of layoffs in which the current employer is better informed about its workers' abilities than prospective employers are. The key feature of the model is that when firms have discretion with respect to whom to lay off, the market infers that laid-off workers are of low ability. Since no such negative inference should be attached o workers displaced in a plant closing, our model predicts that the postdisplacement wages of otherwise observationally equivalent workers will be higher for those displaced by plant closings than for those displaced by layoffs. An extension of our model predicts that the average postdisplacement unemployment spell of otherwise observationally equivalent workers will be shorter for those displaced by plant closings than for those displaced by layoffs. In our empirical work, we use data from the Displaced Workers Supplements in the January 1984 and 1986 Current Population Surveys. We find that the evidence (with respect to both re-employment wages and postdisplacement unemployment duration) is consistent with the idea that laid off workers are viewed less favorably by the market than are those losing jobs in plant closings. Our findings are much stronger for workers laid off from jobs where employers have discretion over whom to lay off. |
| nymbus layoffs: Plant Closings and Economic Dislocation Jeanne Prial Gordus, Paul Jarley, Louis A. Ferman, 1981 Case studies of 27 plant shutdowns during the past two decades are summarized and analyzed. The organization of this research summary follows the plant-closing event in a chronological fashion. In the first section is considered the state of plant-closing research and the concerns and options of the groups involved in a shutdown. A second chapter views the management decision in a series of economic contexts: international, national, and local. Next, the immediate and intermediate responses of management, the union or unions, and the community are considered, together with some related material about recent state and federal legislative initiatives and a brief outline of how European countries respond to economic dislocation. The second half of the volume (chapters 4-6) is concerned with the experiences of the displaced workers, their job search behaviors and subsequent labor market experiences, their participation in programs designed to facilitate reemployment and the outcomes of those programs, and the effects of job loss on mental health. A concluding section reflects upon the aims and objectives set out earlier and proposes concrete research projects as well as a general research agenda. It also summarizes the research findings and outlines the implications for policy and practice. (YLB) |
| nymbus layoffs: Directory of Plant Closings and Mass Layoffs Using Labor-management Adjustment Committees Roger Comer, 1992 |
| nymbus layoffs: Payoffs for Layoffs Center for an Urban Future, 2001 |
| nymbus layoffs: Involuntary Layoffs in a Model with Asymmetric Information Concerning Worker Ability Derek Laing, 1991 |
| nymbus layoffs: Alternatives to Layoffs Edith F. Lynton, 1975 |
| nymbus layoffs: Layoffs Hayden Van Der Post, Reactive Publishing, 2025-03-06 Reactive Publishing A Strategic Guide to Workforce Reductions for HR and Business Leaders Layoffs are inevitable-but how they're handled defines a company's future. HR professionals, business leaders, and executives must navigate layoffs with precision, balancing cost-cutting measures with legal risks, employee morale, and corporate reputation. Layoffs: The Corporate Playbook provides a step-by-step framework for executing layoffs effectively, ethically, and strategically. What You'll Learn: Strategic Workforce Planning - How to align layoffs with long-term business objectives. Legal & Compliance Considerations - Key employment laws, severance policies, and risk mitigation strategies. Financial Implications - How layoffs impact the balance sheet, stock price, and investor confidence. Change Management & Communication - Best practices for delivering layoff news, maintaining trust, and preserving company culture. The HR Playbook - How to design severance packages, handle outplacement services, and support remaining employees. Rebuilding After Layoffs - Strategies to boost morale, retain top talent, and drive business recovery. Who This Book Is For: HR professionals designing and executing reduction plans. Business leaders balancing cost efficiency with employee well-being. Executives looking to protect company reputation and long-term success. Legal and compliance teams navigating employment law considerations. Layoffs are more than just cost-cutting-they're about people, processes, and the future of the business. Get Layoffs: The Corporate Playbook today and master the art of workforce reductions with confidence. |
| nymbus layoffs: Layoffs in the Public Service Rosaline Levenson, 1981 |
| nymbus layoffs: Layoffs, Lemons, Race, and Gender Luojia Hu, Christopher Taber, 2005 This paper expands on Gibbons and Katz (1991) by looking at how the difference in wage losses across plant closing and layoff varies with race and gender. We find that the differences between white males and the other groups are striking and complex. The lemons effect of layoff holds for white males as in Gibbons and Katz model, but not for the other three demographic groups (white females, black females, and black males). These three all experience a greater decline in earnings at plant closings than at layoffs. This results from two reinforcing effects. First, plant closings have substantially more negative effects on minorities than on whites. Second, layoffs seem to have more negative consequences for white men than the other groups. We also find that the relative wage losses of blacks following layoffs increased after the Civil Rights Act of 1991 which we take as suggestive of an informational effect of layoff as in Gibbons and Katz. The results are suggestive that the large losses that African Americans experience at plant closing could result from heterogeneity in taste discrimination across firms. |
| nymbus layoffs: A Theory of Quits and Layoffs Karl John Iorio, 1987 |
| nymbus layoffs: Shutdowns and Layoffs Arthur Hochner, 1982 |
| nymbus layoffs: The Quest for Better Layoffs Carmen Noble, 2015 |
| nymbus layoffs: Layoffs and Other Turnover Flows Harry Cunningham Benham, 1978 |
| nymbus layoffs: Bilking Business and Building Bread Lines , 1984 |
| nymbus layoffs: Layoffs Manlio Huacuja, Cindy Baouchi, Colorado. Governor's Office of State Planning and Budgeting, 1995 |
| nymbus layoffs: Saving Jobs and Justice Civil Service Employees Association (N.Y.), 1983 |
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Nymbus | Modern Core Banking & Digital Solutions
With real-time data, built-in support, and the power of the cloud, we give U.S. banks and credit unions the …
Nymbus - LinkedIn
Nymbus is a leader in the financial services industry, offering best-in-class products and services that provide a …
Nymbus lands $70M to help banks digitally transform
May 25, 2023 · Nymbus aims to boost the success rate with a cloud-based banking solution that offers …
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With NYMBUS, any size financial institution can launch a full-service digital bank in under 45 days, …
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