Reuters - U.S. stocks tumbled on Friday as an emergency rescue of Bear Stearns orchestrated by the Federal Reserve revived fears about a deepening global credit crunch, triggering a massive sell-off in shares across the board.

2008 Small Business Survey Results
What's on the minds of small business owners this year? Are gloomy economic forecasts making them see red? Has the slowing economy already caused harm? Find out what business owners who took our survey believe about the future of their own businesses and the economy.
An employee written warning is nothing more than a note to the worker to let him or her know that job productivity has been unsatisfactory. How To Write A Memorandum Of Recommendation. If you fired the jobholder for misconduct, you should back this up with evidence. Although your company probably has a "name, rank and serial number only" reference policy, probably your managers and workers are giving reference interviews against the policy. Instead, restate the information in your layoff memorandum. And then, lastly, termination is the last step in progressive discipline. A worker termination form also helps to ensure you do not lay off a worker on impulse. You Can Deal With Problem employees. Changing passwords will also protect your computer network. As well, most contracts list a given amount of time the employee should work before the business can consider termination or non-renewal of a contract. Also, the business downturn gives you a legitimate excuse for terminating Sue. As far as terminating personnel and employer conduct goes, this is the safest bet to ensure that both parties will end up happy with the result of a sick or injured employee.

An exit interview is a meeting between a management representative and the terminated employee. If you're an Personnel manager, this may be as easy as contacting a higher authority, such as a Vice President or President of the firm. If the employee fails to increase as the result of escalating discipline, you'll have built up enough of a case to sack the employee without risk of facing a lawsuit.