Thread regarding Avaya layoffs

When is Deutschland 'Bait & Switch' Bankruptcy?

SS Special Projects has been working on that for some time.

I hope the local authorities are on to the Apollo/SS Antics and have blocked them in as to not get away from paying local employees their legally due Abfindung.

"Standard severance pay in Germany is 50% of one month's wages for every year of service. This increases to a maximum of 12 months' salary for employees under 50 years old. For employees over 50 and who have worked for 15 years, the maximum rises to 50% of 15 months' salary"

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| 1751 views | | 8 replies (last January 23, 2024) | Reply
Post ID: @OP+1qDfK4iG

8 replies (most recent on top)

Answer....Between Feb 1-Feb 20, 2024
Unless People Tip Off local Authorities to Avaya/Akin/Apollo Fraud Scam

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Post ID: @5jcs+1qDfK4iG

Some of what is listed below is very true. However I believe the "moving" bit has more to do with the ability to file for bankruptcy protection as the main motive to move into a different region. In fact, when Avaya was preparing to file Chapter11 in late 2022, it was delayed as they struggled lining up Germany. Then they made the decision to just focus on US Chapter 11 and promote that Avaya International was thriving.
Now focus is on dismantling Avaya International where possible (sans middle East).

And yes. SS job is the go-between for Alix/Alex or whatever that groups name is. That's why SS is still here. To bankrupt the remaining subsidiaries.

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Post ID: @3wvp+1qDfK4iG

As I understand it, Apollo and their go-to financial/accounting firm (Alix, same group who placed Avayas interim CFO in order to drive toward bankruptcy) have mastered the game of European labor laws. So they "maneuver" operations under the guise of strategic planning when in fact they are really plotting to reduce the amount of money they may owe in fees/penalties and employee separation packages.

For example. The moment you learn that Avaya GmbH "moves" HQ or offices, you know the Plan is in action. In Germany, the labor laws and penalties vary by region.

For US reference, it's akin to moving from California (pro employee) to Texas/Florida (pro Business/Corporation)

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Post ID: @3lqe+1qDfK4iG

What constitutes Usual Severance exactly?

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Post ID: @3bup+1qDfK4iG

"So they are trying to be creative as they refuse to pay the employees they will layoff."

Where's the evidence for that. They've paying the usual severance in other locations.
Can you back this assertion up with some actual facts.

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Post ID: @3gkr+1qDfK4iG

"So they are trying to be creative as they refuse to pay the employees they will layoff."
This is terrible. They will probably try that at other locations too.

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Post ID: @3oqu+1qDfK4iG

No subsidiary is safe. Apollo directive is to scale back, save every dollar. To achieve this they are looking at each Avaya Holding Inc subsidiary, and trying to prioritize which one will give them the quickest savings. Germany is a challenge because Apollo wants to avoid paying separation fees. So they are trying to be creative as they refuse to pay the employees they will layoff.

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Post ID: @3san+1qDfK4iG

More details on what’s happening in Germany please.

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Post ID: @sxb+1qDfK4iG

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