No layoffs -- ever!

The global financial crisis has led many companies to slice payrolls, but these employers are staying loyal. Meet 9 Best Companies we featured in 2009 that, as of mid-January 2010, have still never had a layoff.

1 of 9
BACKNEXT
Nugget Market
Nugget Market
2009 Best Companies rank: 10

This 81-year old grocery chain has been able to avoid layoffs through careful job placement and shrewd labor management.

For example, in troubled times when the company anticipates it will need fewer workers, it stops replacing employees who leave voluntarily. To make it easier to fill gaps, store locations within 15 miles of each other share staff. Also, employees are cross-trained: A deli clerk may also work as a bagger, allowing for more work hours, and still get the (higher) deli pay rate.

Meanwhile, the company relies on past employees (such as college students home on break) for temporary work, rather than staff up during busy times like the holidays.
NEXT: Devon Energy
Last updated January 27 2010: 4:46 PM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
Top 100 There's a new no. 1 this year, as Google slips to no. 4. Which companies are going out of their way -- even in this economy -- to please employees? More
They're hiring! As many big companies are announcing mass layoffs, these 20 top employers have at least 350 openings each right now. More
25 top-paying companies Associates at Bingham McCutchen take home an average $256,312 total compensation annually. Who else offers big paychecks? More

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.