Thread regarding Verizon Communications Inc. layoffs

Pay attention Warn notice is not required

The only thing company has to do to avoid the 90 day notice is to be giving enough severance and benefits to cover the 90 days .So they let you go today as long as your getting enough pay and benefits for next 90 days there you go.So verizon already provides severance and benefits to leave no need for prior 90 before being let go


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| 1232 views | | 5 replies (last November 15) | Reply
Post ID: @OP+1ka2eqg55

5 replies (most recent on top)

@a7 If its 90 days, then 2 weeks per year - agree, that is a good package. Hopefully, the company will choose this path. This is a big percentage of the non union workforce. The company would be wise to buy some goodwill by being as generous as possible.

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Post ID: @cg+1ka2eqg55

A company is not always required to provide notice if it offers severance benefits, but it must comply with the WARN Act or state laws for mass layoffs and plant closings.

If an employer fails to give the required 60 days' notice under the federal WARN Act, it can provide a severance package instead of notice. The severance package can serve as payment in lieu of notice and may be used to offset any damages the company owes. However, the severance package must be "voluntary," meaning it isn't already required by another law, contract, or company policy.

Key points about WARN Act and severance

WARN Act notice: For qualifying employers, the federal WARN Act requires 60 days' advance written notice for mass layoffs or plant closings.

Severance as pay in lieu of notice: An employer can offer a severance package as an alternative to the 60-day notice period. This package can include pay and benefits for the 60 days.

Offsetting damages: If an employer provides a voluntary severance package, it can be used to offset the back pay and benefits the company would otherwise owe for violating the WARN Act.

Voluntary payments: The severance package must be "voluntary," meaning it's not something the company is already legally required to pay under a separate law, contract, or established company policy. If it is a mandatory payment, it cannot be offset against WARN damages.

State-level laws: Some states have their own "WARN" acts that may require longer notice periods or have different requirements than the federal law.

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Post ID: @a9+1ka2eqg55

I hope you all are unaffected

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Post ID: @a8+1ka2eqg55

They are not "avoiding the 90 day notice." In NJ employees will get normal pay and benefits for 90 days after notice, just like they are working, because technically they still are. THEN severance, STI, LTI kick in, and they still get insurance. This is honestly a great package.

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Post ID: @a7+1ka2eqg55

I suspected such. Thanks for confirming.

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Post ID: @a5+1ka2eqg55

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