Tag Archive for lay-offs

Hot Business News Today

doTERRA Lay Off 7% of Employees

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doTERRA, a multi-level marketing company known for its high-end, high-priced essential oils, confirmed it was unloading 7% of its workforce during a company restructuring which are approximately 290 employees.
According to a statement to 2News, a doTERRA representative said the restructure is to

“enhance operational efficiency, reduce costs, and secure the company’s future sustainability and success.”

The doTERRA’s corporate media relation team stated that the decision was made after

“careful consideration of its profound impact on affected employees, who will receive comprehensive support packages, including severance benefits, outplacement services, and extended healthcare benefits.”

“These difficult decisions are crucial for streamlining operations and continuing to deliver high-quality products to meet the needs of Wellness Advocates and customers around the world,” the company stated.

“doTERRA remains dedicated to its mission of offering top-tier wellness products and making a positive impact on its global sourcing communities.”

The company’s website did not include a press release about the layoffs in its news section, though one of its most recent news releases was about doTERRA’s newest executive changes.
About dōTERRA
dōTERRA International is an integrative health and wellness company and the world leader in the global aromatherapy and essential oils market. dōTERRA sources, tests, manufactures, and distributes CPTG Certified Pure Tested Grade® essential oils

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Hot Business News Today

Short-time working and lay-offs – what’s the difference?

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Originally written by James Simpson on Small Business
As Covid-19 continues to spread across the UK, many firms have seen an extreme reduction in business. Social distancing measures introduced by the government may cause a decline in sales, as well as employees choosing to self-isolate, therefore slowing production.
To try and soften the impact, businesses are having to make the decision to let employees work from home or requiring them to take annual leave.
Badly affected businesses, however, may need to take further steps, such as reducing work hours or staff numbers.
To ensure your business stays compliant, here are some steps you need to make:
Look at your options
When deciding between short-time working and lay-offs, it’s crucial that you understand the difference between both, and what they could mean for your business and staff. “Short-time working” is when employees are provided with less work and less pay for a short period. “Lay-offs” are when employees are not provided with any work or pay for a short period, but are kept on as employees.
These are both temporary cost-cutting measures you may use when there is not enough work to go around. Short-time working and lay-offs can help you avoid dismissals or permanent redundancies, while reducing

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