What happens when your employer cuts your pay? [CNNMoney.com]
La-Z-Boy Incorporated (LZB)
Last la-z-boy incorporated earnings: 2/18 04:15 pm
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Source: CNNMoney.com
What happens when your employer cuts your pay? With the economy sitting at a standstill and revenue streams drying up, companies are looking for ways to reduce costs. And some are cutting salaries and benefits to help make ends meet. "There is no workplace in the US not affected by everything that is happening," said Vanessa Matsis-McCready, assistant general counsel and senior HR consultant at Engage PEO. "Businesses are trying to figure out how to keep the doors open, and sometimes the best way to do that is to make pay reductions." Labor costs typically consume the biggest part of the budget, so pay reductions can help employers avoid layoffs. "In 2008, businesses were more aggressive with layoffs," said Russ Adler, labor and employment attorney in New York City, referring to the last recession . "We are seeing more creative attempts to address the issues. Furlough and pay reductions you didn't see as much in prior downturns. It's still scary for employees, but it's better to
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News
- La-Z-Boy (NYSE:LZB) was upgraded by analysts at Zacks Research from a "hold" rating to a "strong-buy" rating.MarketBeat
- The Top 5 Analyst Questions From La-Z-Boy's Q3 Earnings Call [Yahoo! Finance]Yahoo! Finance
- La-Z-Boy Second-Quarter Sales Rise on Retail, Wholesale Growth [Yahoo! Finance]Yahoo! Finance
- Chipotle price target lowered by Loop Capital, La-Z-Boy's Q2 beat [Yahoo! Finance]Yahoo! Finance
- La-Z-Boy Inc (LZB) Q2 2026 Earnings Call Highlights: Strategic Acquisitions and Dividend Growth ... [Yahoo! Finance]Yahoo! Finance
LZB
Earnings
- 11/18/25 - Beat
LZB
Sec Filings
- 11/21/25 - Form 144
- 11/20/25 - Form 144
- 11/18/25 - Form 10-Q
- LZB's page on the SEC website