Thread regarding TechnipFMC plc layoffs

Warn Act

To advoid the Warn Act 81% of employees will keep their job. The other 28% will be let go tomorrow.
Other staff will be furloughed 2 week on 2 weeks off PTO cannot be used. Per legal you will not be able on the 2 week applied for unemployment. This is also to reduce costs against our unemployment insurance.
Health insurance policies will not have a company contributiondure the 2 week furloughed.
You will be expected to work at a moment's notice and cannot moonlight as this will be grounds for termination. Remember everyone is at will for employment.
See everyone Thursday if you have any questions please contact HR.

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| 2541 views | | 5 replies (last June 4, 2020) | Reply
Post ID: @OP+15gnRwOO

5 replies (most recent on top)

Your math is bad lol. You should be the first to be laid off

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Post ID: @2bbm+15gnRwOO

These percentages can't be right. 81% and the other 28%? That is 109%

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Post ID: @ysu+15gnRwOO

All departments.even finance maybe they will get the girl in finance and her manager that puts down 80 hours a week

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Post ID: @etj+15gnRwOO

Is this happening for Surface only? Any info on other areas?

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Post ID: @nhe+15gnRwOO

Best explanation I’ve ever seen on this site and makes the most sense from a corporate standpoint when bleeding cash.

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Post ID: @ucv+15gnRwOO

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