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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (46179)	5/3/2001 8:47:48 PM
From: Gottfried	Respond to of 70976

Jacob, I'm just saying that lay-off accounting is complicated. If you lay off someone with vested rights [to a pension, medical benefits] you save FICA and the cost for having an employee in a cubicle. Medical benefits are there whether he's employed or not. It's not something that can be evaluated without a spread sheet. I know nothing about it except it must in the long run save money or companies wouldn't do it. Temp employees probably get no benefits, so may be cheaper? Gottfried