Thursday, December 11, 2008

Reading Minute

The article I read for reading minute is titles "Employers: No Layoffs Here." This article is about even with the economy getting worse; some companies are still sticking to promises of not laying off employers. This week alone about 40,000 jobs have already been cut and some companies are not letting their employers fear and are not taking job cuts. Many companies have a no-layoff policy or practice that they are going to stick to, which gives many working people no reason to worry. I think that this is a really good and helpful idea for companies to use, because they can still save money by making salaries a little less because with how many people they have a little less in their salaries can add up to a lot in the end. Companies with the no-layoff policy tend to have loyal and hard-working employees.

http://money.cnn.com/2008/12/09/news/economy/no_layoffs/index.htm?postversion=2008121105

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