This Article examines how millions of jobs have been lost through the
downsizing process in the last decade, with little regard for Title VI
I, the ADEA, ERISA, and state contract law. It explains how employers
insulate themselves from liability by planning in advance to pay sever
ance pay to those who are fired in exchange for waivers of all rights.
These waivers have the ''functional effect'' of prospective waivers b
ecause they reduce incentives to comply with statutory duties. Recent
Supreme Court decisions under federal race, sex and age discrimination
laws, as well as ERISA, that have begun to establish a degree of work
er protection are examined. This Article concludes that (1) the requir
ement of advance information to employees of planned adverse personnel
actions is emerging as a fundamental legal principle; (2) the dispara
te impact doctrine is applicable to downsizings under the ADEA in conn
ection with the 1990 amendment requiring employers to inform workers c
oncerning the impact of the downsizing; (3) disclosure of impact is al
so required when waivers are requested concerning race, sex and nation
al origin. discrimination; (4) downsizing plans should specifically pr
otect against discrimination; (5) ERISA preemption should operate only
where the federal law substantively regulates employer conduct in a d
ownsizing.****.