Thread regarding EnLink Midstream layoffs

Executives and VPs cashing their fat checks

Everyone at the company knows, the company is going down.  The executives and VPs are just cashing their fat checks as long as they can until the company is sold or bankrupt.  There is never an attempt to save the employees.  Other companies CEOs and executives have donated their salaries, bonuses, stock to save employees but EnLink takes the initiative and fires 20% after firing 10% three months ago.  Isn't there a law that says you have to file for bankruptcy if you layoff 33% of your workforce at once?  How are they keeping this out of the news?  God Bless everyone that EnLink executives have c-apped on in order to stay rich, I don't know how they sleep at night.

WARN ACT -worth a read

https://www.dol.gov/sites/dolgov/files/ETA/Layoff/pdfs/WorkerWARN2003.pdf

Just my 0pinion

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| 1829 views | | 1 reply (April 4, 2020)
Post ID: @OP+14hPc5n1

1 reply

The company is not going to be around by the end of the year!

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Post ID: @2yby+14hPc5n1

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