Quote:
Originally Posted by GP_Matt
Do they actually owe any severance to staff if they give them proper notice? Severance is in lieu of notice so they can just tell everyone that in 12 weeks the store is closing and you will be out of a job. That provides a lot of time for them to start looking for new jobs.
It sucks for the employees but I don't think there is any obligation on Sears part even if they do have cash.
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So where is the obligation to give giant bonuses to the people in charge of a failing company?