Over the past few weeks, the media has focused intently on the oil and gas industry’s extensive layoffs. Well known energy companies have made front-page news with their announcements of their significant layoffs that have often resulted in the termination of thousands of employees or a significant percentage of their workforce. This trend, it appears, is only beginning, and many employers in the industry or that work closely with the industry will face tough decisions regarding their employees. This is, by and large, common knowledge. As a result, employees, plaintiffs’ attorneys, and government agencies charged with upholding labor and employment law are paying close attention. As companies prepare to conduct future layoffs, they must be vigilant in ensuring that they are complying with federal and state laws and tackling the layoffs in the most efficient and practical way possible. Below are some quick tips for employers to consider as they contemplate and plan actions affecting their workforce. Read More >>
Editor’s Note: The preceding blog post is a joint submission with BakerHostetler’s North America Shale Blog.