Investor's Business Daily - European Union nations approved new sanctions against Iran, including freezing assets of the country's biggest bank. The Bank of Melli is suspected of providing services to Iran's nuclear and ballistic missile programs and was blacklisted by the U.S. last year. The EU said it expects to announce additional financial and travel sanctions on several Iranian firms and experts linked to Tehran's nuclear program.

United Airlines to lay off 950 pilots (Reuters)

Reuters - UAL Corp , parent of United Airlines, said on Monday it plans to lay off 950 pilots as it prepares to cut domestic capacity to offset soaring fuel prices.

This is much like the negotiated separation we reviewed in Chapter 4 except you don't pay a severance and you don't get a release. These are cases of gross misconduct, and you can sack these employees immediately. The short answer is "none." You don't want to have any papers on the unlawful reason or stupid reason. Wrongdoing, but long tenure - You give the worker a final written warning (see Chapter 6 for long-tenure, single-offense workforce). Under these scenarios, the employer eventually has to sack the worker. The next chapter gives you a program for estimating your layoff risk. Most businesses have fewer than ten workers. Your writing should be understandable to someone outside the small company. When a verbal notice fails, the written warning will often get the worker to upgrade. Sample Employee separation Memorandum for Poor performance.

We believe the best way to handle the circumstance is to react right away and to confront the individual using the policies or rules in place. Likely the jobholder feels like she "owns" this equipment anyway because it's in her home, and letting her keep it'll ease some of the sting of the layoff. The firing will feel less personal to those personnel losing their jobs, and it right away gives security to those who remain. This act lays out specific rules for separation agreements for workforce over 40. You'll interview witnesses and gather documents to either prove or disprove the gross misbehavior.