Serving notice in economic dismissalsDismissing employees for financial reasons may be justified but could lead to greater notice requirements in a poor job marketBy Nikolay Chsherbinin09/09/2009|Canadian Employment Law Today|Last Updated: 09/09/2009 More notice to cut payroll One of the most common solutions companies consider during an economic downturn is cutting staff, something that’s been quite evident from the hundreds of thousands of jobs that have been lost in the recent recession. Sometimes this course of action is chosen among several cost-cutting options or sometimes there’s no other option. Either way, it’s important for employers to consider how much the same economic conditions that lead to job cuts affect fired employees’ chances of finding another job. If the pickings are slim, it could mean the employer is on the hook for a larger notice period or severance package. To Read the Full Story, Subscribe or Sign In Remember Me Forgot Password If you are a current Subscriber, please click here to set-up or update your login information.