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YC reduces S22 batch by 40%, $HOOD RIF, $MSTR CEO change, $ABNB earnings + Blueprint Part 4 | E1525
This Week in Startups
Reduction and Force Employee Termination
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When a business decides no further need for the position, a lay off is considered temporary. The reason is there are very local acts. One of them is called the warn act, worker adjustment and retaining notification act. This is for any employer, if you know, non-profit, public, private,. You got to give 60 days notice of rifts. There are tons of nuances, but it's just important to understand that you have to give notice.
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