Give him this much credit: He did not lay off his recklessness on sexual, drug or alcohol addictions.
Lehman Brothers was one of the only major securities firms that did not lay off large numbers of bankers last year.
Mr. Brandman recalled how the company did not lay off any of its 70 employees or cut salaries after 9/11.
Firms did not lay off as many workers as usual during the winter months, and took on relatively fewer workers in March.
But if stores did not hire as many people as usual last fall, it stands to reason that they did not lay off as many as usual last month.
Containing engine failure Living in lean times Nah, no M-powered Fashionably alive Trouble with the law Sticking together ReprintsThose that did not lay off any lawyers have frozen hiring and squeezed more work out of their staff.
Richards did not lay off employees last year during the industry downturn, preferring "to take a dramatically reduced level of profitability," Mr. Richards said, "to keep our strongest players" if possible.
He said any organization decisions would be up to workers but suggested that Toyota, which has five United States assembly plants, is better off without the U.A.W., noting that the company did not lay off any employees during the recession, even when it temporarily stopped running some plants to let inventories thin out.
During 2001, they did not lay off a single employee or ask anyone to take a voluntary pay cut to fatten the company's bottom line.
She also talked about how, despite three years of budget deficits, the city did not lay off police officers, and invested in technology to further reduce crime".
