It can take years for income to bounce back after a layoff, and even longer in a recession, if at all, economists say.
Would you like a pay cut or layoff?
To cope with the recession, many companies are considering layoffs or pay cuts. But is it better for companies to cut pay or let employees go? Jeremy Hobson reports.
Would you like a pay cut or layoff?
To cope with the recession, many companies are considering layoffs or pay cuts. Across the board pay cuts are already mounting and more are expected to follow. But is it better for companies...
Would you like a pay cut or layoff?
To cope with the recession, many companies are considering layoffs or pay cuts. Across-the-board pay cuts are mounting and more are expected to follow. But is it better for companies to cut...
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