No new filing.
Keep in mind no company does a layoff bigger than the previous one.
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Koolaid sipping butt kissing at its peak.
I'm sure virtuestream will crush AWS next quarter and everyone load off will be rehired.
Because it's all one big family.
It's been said in one way or another already, but companies avoid the WARN act by providing two months/60 days of severance. This is what Dell does.
I understand it completely. What that tells me is Dell is not meeting the criteria and is avoiding having to file it. Whether it's something they are or aren't doing, they haven't filed in recent years regardless.
WARN act is required when certain criteria is met. What don't you understand about that statement?
I haven't seen any WARN filings for Dell in the last few years at all. WARNtracker has the last filing for 2015.
No. The February one was larger. I suggest you do your own research.
https://www.crn.com/news/channel-news/dell-technologies-august-layoffs-cost-364m-in-severance-charges-sec-filings-show
was there a WARN before the Feb and Sept layoffs? Was Sept larger than Feb.
‘…no company does a layoff bigger than the previous one.’
Until they have enough AI in place.
I will say this again: YOU have to file a WARN act when certain criteria is met.
There are very few exceptions to this rule.
A company paying out 2 months severance is not in lieu of a WARN filing.
Otherwise you are saying "dell had a lot of layoffs and didn't file WARN but just paid out 2 months severance."
A completely self-serving and false statement. It's the trust me bro argument
I am still waiting for the instance where following cuts were larger than the first or second short of the company going out of business.
From the US Department of Labor’s own website.
“The law makes no provision for any alternative such as pay in place of a notice. While an employer who pays workers for 60 calendar days instead of giving them proper notice technically has violated WARN, the provision of pay and benefits in place of a notice is a possible option.“
From Bloomberg Law
“Unfortunately for the employer, no WARN Act notice exception applies. Therefore, the employer has only two basic alternatives. The first is to lay off employees without notice and either give them pay and benefits in lieu of WARN Act notice or face the prospect of being ordered by a court to do so“
Dell has always chosen to write a check va filing the warning notice.
No. Companies actually have to file a WARN act regardless. You cannot simply avoid filing by paying out 2 months. A WARN act is required once the #s are met for a given reduction.
Name one company that did a larger second or third round. companies that didn't subsequently go out of business.
You clearly don't know what you are talking about. The level of ignorance is astounding.
Dell avoids the need to file with WARN by paying out the two month severance package. (And gets you to agree to not sue and not talk about Dell).
And yes companies absolutely do ramp up layoffs. It’s probably important to note that Dell didn’t announce what the actual number or percentage of employees laid off in the August round was, while we did for the round in February.
And FWIW I have zero idea if a WFR is happening soon or not.