AP - Fortis NV named a new chief executive officer on Friday, after the banking and insurance company's shares fell 21 percent over worries about its solvency.

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AP - Italian aviation authorities on Monday warned that Alitalia could be grounded within days if no deal is reached to sell the bankrupt airline.

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If you don't inform a worker the reason for the firing, or if the dismissal is about his conduct or performance and you don't give him the opportunity to correct the behavior, you may have a unlawful termination claim on your hands. As you complete the form, you must think through the employee's behaviors, how it violates business policy and what the worker must do to change. If an employee contract is not in place, then there may be no legal restrictions for terminating workers, but each person state frequently decides this. Therefore, you can layoff an at will employee for any reason . 3) State you have ended his employment and give the effective date of layoff (frequently that day). What format should I use with my employee separation agreement? In this case, the reassignment could be a good for you, the jobholder and the business. A good firm can't run with workforce that don't want to perform their work. In a recent Cornell University study, researchers found that how the company terminated the employee was a major factor in any resulting law suit.

I would suggest quitting or finding a new assignment is your best alternative. A worker dismissal notice should identify the problem, list the previous attempts to resolve the problem (noting dates and warnings), and be signed by a company officer or sole proprietor. In today's firm environment, these items are crucial. A Foolproof Lay off Memorandum: Sack Your employee Quickly And Easily. As you're reviewing his workforce file, the young boss walks into your office and tells you he has AIDS. First, write a note to the difficult worker's workforce file or to Personnel. It should include a look at various scenarios for termination.