A brief description about Lay-Off

2. LAY-OFF
Temporary Termination..
ATTRITIO
NRemoval at Mass-Level..
Mutual Agreement
Deal with employee to shift
@ other place..
1
2
3

3. LAY-OFF
 Hewlett-Packard
Biggest layoff: 24,600 Date of
layoff: September 2008.
 Daimler Chrysler
Biggest layoff: 26,000 Date of layoff: January
2001.
 Boeing
Biggest layoff: 31,000 Date of
layoff: September 2001.
 AT&T
Biggest layoff: 40,000 Date of layoff: January
1996
Suspension or terminat
ion of employment (wit
h or without notice) by
the employer or manag
ement. Layoffs are not
caused by any fault of
the employees but by
reasons such as lack
of work, cash,
or material. Permanent
layoff is called
redundancy.

4. ATTRITION
A gradual reduction in
personnel or membersh
ip
because of resignation,
retirement, or death, oft
en viewed in contrast to
reduction from layoffs.

5. MUTUAL
AGREEMENT
• In order to get the previous employee a
new and promising career, U S Postal
Services shifted it’s 3000 employees to
the Banking Branch of Company.
• In 2008, Goldman Sachs shifted it’s 300
employees to a new JV suite which was
also a part of GMS group.
In order to get a
new career for the
employee being laid-
off, the company
may promise
him/her a new
career somewhere
else in other
company or in the
same company but
any other
department.

6. Six Stages of the Unemployment Cycle

7. • BEFORE THE LAY-OFF- This is the process
of shortlisting a particular employee for being
laid-off. The HR shortlist the persons to be
removed and proceeds for the further
procedures…
• The LAY-OFF..- This is the procedure in which
the termination of employee is performed and all
accounts are tallied, also the pink slip is
converted to red slip.

8. • INTENSIVE JOB SEARCH- Once you get
terminated from a particular company, your
search begins for the new job duties. This
includes search through recommendations and
references. It needs hard work day n night..
• RETRAINING- Though you are well trained in
your profession still you need to get retrained for
the new job as for your new company, you a
fresher..

9. • RUNNING OUT OF BENEFITS- As
you join new company, they pay you less
as compared to previous job because you
are now a laid-off employee and they have
a reason to pay you less..
• Adjusting to a new job- After joining a
new company, you get a new working
family with which you need to establish a
new relationship to enhance your work

10. LAY-OFF - REASON
 Worker
Characteristics
Performance
Tenure
Education
 Job Characteristics
Contingent vs. Permanent
Part-time vs. Full-time
Union vs. Non-Union
 Organizational
Change in
Characteristics
Announced Layoffs
Upcoming Merger or
Organizational Restructur
ing
 Organizational
Technology
Changing Technology
Proximity of Job to
Core Technology

11. 1. 2. 3. 4.
Everyone
wants to be
beneficial and
want to keep
its employee
happy…
Cutting Costs
There is no
need for the
unnecessary
people.. At an
already crowded
place…
Staff Reduction
Everyone
wants to
grow.. Rather
you should be
happy or
not…
Relocation
Well… if it is a deal
of profit… then..
They will not care
about you…
Merger or Buyouts
Main reasons behind LAY-OFF..

12. 19% Contract completed
6% Seasonal work
11% Change of Ownership
12% Financial DifficultySlack Work 14%
Reorganization within
company 14%
Others 23%
Reasons for Lay-off

13. LAY-OFF Data Analysis..

14. Staying Off the Layoff List
LAY-OFF - SURVIVAL

15. Side effects of Layoff to the employee
 Loss of wages and benefits.
 Loss of role as worker and provider.
 Loss of dignity and self esteem.
 Loss of trust .
 Loss of control over your life.
 Loss of the pattern of daily life.
 Loss of the work family.
 Loss of collective strength.

16. Alternatives to layoff
• Restructuring the business
•Closing of obsolete plants
or branches
•Administrative overhauls(revision)
•Selling of non-core operations
•Improving internal processes

17. A Short video about LAY-OFF..

18. 6 FAMOUS PEOPLE WHO
FLOURISHED AFTER BEING
LAID OFF

19. WALT DISNEY
Its hard to believe that the man who
created Mickey mouse and co-founded
one of the biggest motion picture
companies ever faced rejection, but in
1919, Walt Disney was fired from his
job at the Kansas City Star because
he supposedly lacked imaginative
ideas. Disney later set his insights on
creating a cartoon series that spurred
the mega media conglomerate known
as The Walt Disney Company.

20. J.K. ROWLING
Before J.K. Rowling was writing about
wizards and warlocks, the best-selling
author was working as a secretary for
the London office of Amnesty
International. When Rowling's dreams of
becoming a writer got in the way of her
secretarial work, she got laid off.
Rowling used her severance check to
support her as she began to write the
book series that would change her life
forever.

21. OPRAH
WINFREY
Long before Oprah Winfrey became
the most successful female talk show
host in television history, she was
working as a TV news reporter at
WJZ in Baltimore. After seven and a
half months of co-anchoring at WJZ,
Winfrey was pulled off the air
because the producer felt she was
too emotionally invested in her
stories and was “unfit for television
news.”

22. MICHAEL
BLOOMBERG
Billionaire businessman and New
York City Mayor Michael Bloomberg
didn’t reach this level of success
without falling a little here and there.
When Bloomberg was a partner at
the investment bank. Salomon
Brothers, he and 62 colleagues were
fired because the company was
brought out. Bloomberg used his
severance check to develop his own
financial services company, which
has made him the 18th
richest person
in the country.

23. THOMAS EDISON
Today, Thomas Edison is regarded as
one of the most prolific investors in
history. However, during Edison’s
early years, he was called stupid by
his teachers and was fired from his
first two jobs for not working hard
enough. Despite his failures and
firings, Edison went on to invent some
of the most remarkable devices like
the light bulb, the phonograph and the
motion picture camera.

24. LANCE
ARMSTRONG
Cycling star and seven time Tour de
France winner Lance Armstrong didn’t
always come out on top. In 1997,
Armstrong was fired from the French
racing team Cofidis while he was
undergoing cancer treatment. The team
refused to give Armstrong the rest of his
salary and medical coverage. Obviously,
Armstrong went on to lead the United
States Postal Service squad and take
home a handful of victories.

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26. QA SESSION