Worker Adjustment and Retraining Notification Act.
United States federal law that requires most employers to warn employees about upcoming layoffs.
LIV Golf Lays Off Majority as PIF Funding Ends
LIV Golf is laying off the majority of its workforce as funding from Saudi Arabia's Public Investment Fund winds down, signaling a transition to LIV 2.0 and ongoing efforts to secure new backing while noting staff reductions in the United States and Britain. With the watershed funding uncertain, some players may face a choice between commitments to LIV and potential return to the PGA Tour, which has not indicated plans to restart its former member program.
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About Worker Adjustment and Retraining Notification Act
The Worker Adjustment and Retraining Notification Act of 1988 is a U.S. labor law that protects employees, their families, and communities by requiring most employers with 100 or more employees to provide notification 60 calendar days in advance of planned closings and mass layoffs of employees.
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