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I heard about the last round of layoffs before it was announced, though only right before the announcement. Since then I've been trying to stay in-the-know as much as possible by making friends with people who know people who have the inside scoop.
I know the president of a company. When they were planning to downsize through modernization, outsourcing and dumping useless positions, they decide to avoid the extra expense of paying severance and unemployment tax hikes by getting employees to leave on their own. They would "tip off" gullible employees of a pending downsize and the company was measuring necks for those who will be on the chopping block. Of course the employee receiving the tip was always one of those slated to be fired on some made up charge. All this Hush-Hush, for your ears only. Shhhh... So, the went scurrying to find any job elsewhere. After six months, they only had a handful of holdout who they offered severances (out of almost 100 slated to be laid off) and took a much smaller hit to their unemployment reserve account. I think what made it kind of funny to us was that if anyone bothered to look at the state's WARN notices, they would have seen that layoff filed a month early with an end date about 10 months away. Those employees could have stuck around and got a full severance package plus their unemployment, plus additional state benefits because of the WARN.
Yes. At my last job, I was a lowly grunt, but some of my friends from college rose up into management. So they were privy to information that I was not. They alerted me to impending layoffs that were to start 1-2 years down the line. So I started re-training myself during my off hours just in case. And the layoffs did come. 30% staff reduction to start with. It got so bad they had 2 Texas Workforce offices (state job search/unemployment program) on my jobsite. I was lucky and was prepared. It could have easily have -not- gone my way, too.
They alerted me to impending layoffs that were to start 1-2 years down the line.
A company that plans layoffs 1-2 years in advance? That seems odd to me. What if their revenue shoots up during the next year? Or why keep the surplus of employees for 1-2 years? Why not lay them off immediately? My company lays off at the drop of a hat, which is why I need to be even more aware of insider information.
I heard about the last round of layoffs before it was announced, though only right before the announcement. Since then I've been trying to stay in-the-know as much as possible by making friends with people who know people who have the inside scoop.
Well, I'd agree with doing that instead of trying to bug the office and hoping for news...If they don't catch you.
The law requires companies to file a notification before a lay off... it shouldnt be a "surprise" to most people, they know two or more months in advance
The law requires companies to file a notification before a lay off... it shouldnt be a "surprise" to most people, they know two or more months in advance
That only applies to employers that meet certain criteria (i.e. they have to have at least 100 employees). Even then, there are a number of circumstances where a layoff might not meet the criteria that would require 60 days notification under the WARN act (not enough employees affected, not enough percentage of employees affected, unforeseen circumstances, etc.). Lots of exemptions to the WARN act.
Also, even when the WARN act would apply to a layoff, employers may choose to provide laid-off workers 60 days pay in lieu of notice.
I was in management at one firm, so I received the "official" word.
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