The company used the same clause in the most recent round of layoffs.

The magazine has gone through several rounds of layoffs in the last few years.

One round of layoffs at the 400-employee company has occurred and another is in the works.

As for trust, what exactly would happen if they did end up with a huge round of layoffs after a year?

It was the first round of layoffs since the store's workers formed a union.

Earlier in the year the studio was hit with a round of layoffs.

The next round of layoffs, about 100, are to occur on June 10.

The company will announce a round of layoffs in the next few weeks, people close to its plans said.

True has had two more rounds of layoffs since 2004.

The second round of layoffs came in April 2009, when 13 workers were laid off.