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April 2, 2020

Some employers are trying to keep ties to laid-off staffers

  • For the economy to recover relatively fast, many workers would need to return quickly to their former jobs
    AP Economics Writer

    As millions of job cuts tear through the U.S. economy, a faint glimmer of light has emerged: Some employers are trying to maintain ties to the staffers they're letting go so they can more quickly rehire them once the viral outbreak has passed.

    Several large retail chains are furloughing workers — a form of temporary job cut that often maintains health insurance — rather than laying them off. And many small businesses, too, are keeping in touch with workers they've had to let go.

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