The French bank Cr dit Agricole posted a fourth-quarter loss after large write-downs related to the global credit crisis, but its shares rose as the bank said it was not planning any major acquisitions. Cr dit Agricole posted a bigger-than-expected net loss of 857 million euros ($1.30 billion). The bank was hurt by a 3.3 billion euro write-down at its investment banking arm. A year earlier, it posted a net profit of just over 1 billion euros. ?We have built a solid model,? the chairman, Ren Carron, above, said. ?With its sound capital base, the group will make organic growth its priority and it is not considering any significant new acquisitions.?. More
If this is medium-risk layoff, you'll normally negotiate a larger severance to make the laid off worker go away quietly. He thinks the CFO has directed him to make an improper accounting adjustment according to rules of the Securities and Exchange Commission. It's a simple idea, but one that's often misunderstood by employers and employees. It also should inform the worker about his benefits. By clearly voicing a legitimate reason, the employee doesn't wonder why you laid off him and doesn't immediately call his attorney-at-law in anger. For escalating discipline cases, the jobholder gets 3 warnings before separation. Its goal is to "fix" the disgruntled individual. The next week you shockingly discover your former worker has filed a wrongful employee dismissal suit. Here you will find a sample notification for disciplining an employee. However you can terminate the jobholder for reasons outside their protective status. Here it is a good idea to have a representative from hr to assist you. Here are a few suggestions for dealing with difficult employees.

Obviously explain the criteria used to select personnel. If you don't follow these laws, you'll be liable. Likely, your employee or workers manual gives you these guidelines.