If someone needs to be fired for cause, cover your ass, follow procedure to stay out of trouble with the local department of labor and fire their ass without regard to when it is. They did it to themselves, they have it coming...
If it's a cost reducing move or eliminating of a position due to changing business conditions or however you want to phrase it and not due to the performance of the worker...well that's a different story. That's no fault of the worker, that's the fault of the President and CEO, buck stops at the top. I'd probably wait before impacting a family at Christmas if at all possible and would probably try to provide some severence.
But more importantly, what do you do for your employees who do bust their ass all year long at Christmas to let 'em know you appreciate 'em?
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