Reuters - Williams-Sonoma Inc posted a 42 percent drop in quarterly profit on Wednesday and lowered its 2008 revenue forecast, sending its shares down as the soft U.S. economy and weak housing market hurt sales. Continue

AFP - The dollar rose against the euro Tuesday after unusually sharp comments from US Federal Reserve Chairman Ben Bernanke about the inflationary impact of the dollar's recent falls.

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When you are writing the lay off letter you need to, at a minimum, cover these topics. Need To Create A Notice Of Layoff Sample? Firing employees is an emotional minefield not only for the employee, but also for you. The human resource person should begin by calculating the reasons for sacking the jobholder. You must give each employee his final paycheck during the termination meeting. o Step 6: Write the dismissal letter (low and medium risk separations only). When using an employee discipline form you not only inform the difficult individual that their behavior is unacceptable, but you also have a written evidence of the issues. You want him to feel urgency and start negotiating. You'll also learn how to handle the immediate aftermath including getting the employee out of the building and what you should say to the remaining employees, customers and suppliers. To give yourself your own legal recourse, make sure you always use a well thought out, professionally written notice of layoff.

Tips for Writing An Effective Employee separation Notice. She may tear up the termination letter in front of you. With a medium-risk separation, your legal exposure is larger because the worker has a litigious nature or because your papers is inadequate. Therefore, you should make all the cuts as quickly as possible. Whether you're a small, medium or large firm, you must document the reason behind the firing based on legitimate firm wants.