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Besse initially claimed she was wrongfully laid off and that her employer owed her $5,000 in unpaid wages and severance pay.
But it’s unclear exactly why he received an additional $288,000 worth of severance pay.
Ek also announced the affected employees would get five months of severance pay.
Source: https://qz.com/spotify-tech-layoffs-2023-follow-larger-pattern-1850020423
However, a dismissed employee who is offered alternative employment but the offer is not made via their retrenching employer is still entitled to severance pay – even if they refuse the alternative employment opportunity.
Starting today, New Jersey businesses with at least 100 full-time employees will be required to provide severance pay to both full-time and part-time workers after mass layoffs of 50 or more workers.
Source: https://gothamist.com/news/new-jersey-now-requires-severance-pay-for-some-workers-in-mass-layoffs
The company said these job losses will impact “all areas” of the company and will lead to extra charges of around $15m due to severance pay and outplacement services, according to an SEC filing.
Source: https://www.siliconrepublic.com/business/virgin-orbit-job-cuts-satellites-funding
Twitter reports are indicating that some stores are already shutting down, with apparently little to no severance pay for most long-time employees.
Source: https://realnewsmontana.com/ixp/628/p/bed-bath-and-bye-bye-for-billings-west-end-retailer/