Or is it all speculation based on the updated Strategy?
5 replies (most recent on top)
So basically US Bank is using certain exceptions or factors to avoid triggering the WARN act? Such as not meeting the threshold by laying off less than 50 employees at a specific site, ie 30 in Idaho and 30 in Missouri would not trigger the WARN act.
What an ethical company we work for
WARN is only required for mass layoff. What Operations does is lay off 1 or 2 people in diff departments every month. I saw email this week showing about 7 people in different departments layoff, so no warn requirements.
Last year , my department lay off 3 people. All they do is lay off people quietly
There was an impromptu mandatory meeting today for some compliance folks in Operations, heard it was about layoffs but haven’t confirmed yet. How is the company not triggering the WARN act with all this accumulation of layoffs
Probably found out today, but I wouldn't be surprised if this continued until the end of next month.
yes