China is an emerging economic power, and has maintained rapid growth over recent years. But inevitably it is also suffering from the present global economic downturn. In order to save costs and survive, many companies across China have laid off, or will soon lay off, large numbers of employees.
Laying off is hard to do
Before starting any programme of mass lay-offs in China, companies must be aware of the legal issues and the appropriate procedures to follow. By Nancy Sun and Kirsten Gao, Minter Ellison, Shanghai.
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