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AFP - The European Investment Bank said Monday it could not lend much more to the struggling car industry, warning that an increase would limit funds for other sectors.

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Reuters - The European Union was set to back an International Monetary Fund call for $500 billion to fight the financial crisis on Monday as world stocks sank toward 14 year lows in a broad-based sell-off. More
ADDITIONAL INFO The jobholder always plays the devil's advocate. When it's time for the conference call, the steps for a dismissal meeting are the same. When using an employee discipline form you not only tell the bad worker that their behavior is unacceptable, but you also have a written documentation of the issues. Whether it is a reality or an unforgiving employee trying to get "even", you should deal with unlawful worker termination claims before they get to court. Second, the personnel who spend all their time rumormongering are wasting the company's time and resources when they should be doing productive work. Your workforce will probably have a mixture of feelings about the layoff of the high level employee.

The supervisor or business owner should take immediate action or performance goes down and other employees start to follow suit. Therefore, you should carefully consider the contents of the termination memorandum and how you write it. Otherwise the employee will destroy the morale and performance of your employees. When it comes to job termination, it is important to follow standardized methods established well before the need to layoff an employee presents itself. o Keeps a diary of dates, times, places and damning statements including any eyewitnesses. Use these sample termination letters as a standard for drawing up lay off notifications for the small company. When Not to Use a Notification of Dismissal Sample. The employer repeatedly counseled this employee about their work quality and gave them written warnings. The jobholder is threatening violence.