furlough

Work furloughs are meant to avoid layoffs, and losing a week's pay sounds a lot better than losing your job -- until the unpaid leave starts and you still have bills to pay. In a strange twist on what is supposed to be a way to save companies and governments money, some are finding that furloughs...

The University of California-San Francisco has come up with a creative way to hose its employees who have taken pay cuts and furloughs -- loan them their lost wages and charge interest upon repayment. The "Special Temporary Furlough Employee Emergency Loan Program," which started Oct. 1, is being...

The financial collapse has brought about many changes to our lifestyles -- from how we work (or don't) to how we spend our money and even to how we talk. These changes have prompted the creation of new terms, and the revival of old ones, to describe activities and actions that have gained new...

Companies and states are starting to furlough employees to save money. Some furloughs last weeks; others last for months. But, in effect, the people on furlough are like a shadow group of unemployed workers, based on the impact that they have on the economy. For the most part, workers who are...

As more companies are requiring workers to take unpaid time off, sometimes for a week or two of unpaid vacation, some workers with "furlough envy" are asking how they can get in on that deal. Granted, these are mostly executives who can afford a week or more of unpaid leave, and they're happy to...

The New York Jets football team is furloughing 60 employees on its business side for two weeks without pay. Team officials told the New York Times that the June furloughs would prevent layoffs. The furloughs will be in sales, marketing, public relations, finance, community relations, stadium and...