WTF people BSing about here. There is no WARN notice. What layoff?
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its official news check reuters / its eveywhere now
WARN notice typically happens after an earnings call. If before, it would cause an enormous amount of speculative stock trades. During the call broad outlines of potential layoffs are discussed. Specifics are then released concurrent with WARN after the call.
https://www.warntracker.com/?state=CA , i think they will submit it after feb 14th, as far as I can remember, impacted employee stay on cisco payroll for at least 1 or 2 month before being officially let go
I thought Warn Notice was used when a company didn't give employees 60 day notice of upcoming layoff.
If they give the affected employees 60 days notice then Warn Notice to the state is unnecessary.
Expect the WARN Notice to get posted on/during/after earnings on Feb 14.
Then they'll announce the layoffs, and they'll take effect 60 days after the announcement.