Archive for February, 2009

NW Iowa company announces layoffs (KIMT Mason City)

lede; APNewsNow. SPIRIT LAKE, Iowa (AP) - A Rosenboom Machine and Tool official says the cuts include 12 permanent and 65 temporary layoffs at its Sheldon facility and 19 permanent and 75 temporary layoffs at its Spirit Lake plant.

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Pay Dirt: Are 401(k)s untouchable after a layoff? (Minneapolis-St. Paul Star Tribune)

Cashing out your account and getting a check should be your very last resort. There are some ways to unlock the 401(k) while avoiding penalties, but they are complicated.

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Shorter workweeks an alternative to layoffs (Austin American-Statesman)

With budgets pared and the overall economy continuing to contract, some employers have no choice but to cut payroll expenses. That almost inevitably means layoffs, but a few managers are trying an alternative: switching some people to 24-hour workweeks.

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CSU Expects Layoffs Amid Budget Cuts (KMGH 7 Denver)

Colorado State University Interim President Tony Frank is ordering budget cuts that are likely to lead to layoffs at Larimer County’s largest employer.

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