Thread regarding Cisco Systems Inc. layoffs

WARN Act was meant to give labourers in a plant notice if there shift was being eliminated.

Because of the WARN Act and Businesses don't want to give you notice of termination, layoffs are prolonged.

Within 60 days, they won't eliminate a third of an office building. Business will eliminate a few here and a few there over many months.

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Post ID: @OP+IWV5EPo

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#severance - just tagging it... #ciscoseverance

@IWV5EPo-ucl that sounds just like following the rules under the Warn Act.

They could just give you 60 days worth of pay. And those 30 days are not severance, that what legally you must be paid.

Many places by law must give you a weeks notice for every year you work notice of your job being terminated. Most companies just pay you one week for every year worked, rather than give you notice. >The WARN act of course will trump the one week per year if you have worked less than 8 years at a facility that is reducing the workplace by more than 33%.

Severance is money to compensate you till you find another job. Usually the Severance is exhausted before finding another job. Severance is a different can of worms.
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Post ID: @zra+IWV5EPo

@IWV5EPo-ucl that sounds just like following the rules under the Warn Act.

They could just give you 60 days worth of pay. And those 30 days are not severance, that what legally you must be paid.

Many places by law must give you a weeks notice for every year you work notice of your job being terminated. Most companies just pay you one week for every year worked, rather than give you notice. The WARN act of course will trump the one week per year if you have worked less than 8 years at a facility that is reducing the workplace by more than 33%.

Severence is money to compensate you till you find another job. Usually the Severence is exhausted before finding another job. Severance is a different can of worms.

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Post ID: @zmb+IWV5EPo

If they give you 1 month to stay at Cisco and pay 30 days of severance on top of it, that is the equivalent of WARN - they are covered and do not have to do anything else - you'll get +3 mo for your signature - so, it's much better than what the law prescribes

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Post ID: @ucl+IWV5EPo

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