furloughs

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...

Faced with a $19.1 billion deficit and no hope for digging out, California Governor Arnold Schwarzenegger on Wednesday declared a fiscal emergency. Under the rules of the emergency, Schwarzenegger ordered three furlough days per month for all but essential state employees. State offices will be closed three Fridays a month.

The media recession may be gradually lifting, according to Rupert Murdoch and Janet Robinson, but that doesn't mean everyone with a publishing job is going to make it to the other side. Forbes Inc. embarked on a fresh round of layoffs this week, and employees at Time Inc., the world's biggest...

The New York Times Co. (NYT) assured its unionized employees in September that the voluntary 5 percent paycut they had agreed to this year would be temporary; their former salaries will be restored on January 1. Now we know where the money to do that will come from. The Times announced Monday that...

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...

As if working on an airplane -- whether serving drinks, flying the plane or fixing it, among other jobs -- wasn't hard enough, now British Airways is urging its staff to work for free to help the company save money.British Airways chief Willie Walsh says he won't take a salary for the month of...