04/02/2009
In a textbook illustration of the perils of downsizing, a group of female executives has filed suit against beleaguered banking giant Citigroup, charging the bank’s layoffs hit women executives harder than men. That, attorney Douglas Wigdor told Forbes.com, is “recessionary discrimination.”
04/01/2009
Coupled with the stress of worrying about the economy and whether their jobs will be gone tomorrow, more employees may develop psychiatric or stress-related illnesses. Some will file workers’ compensation claims.