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Old 02-05-2018, 03:39 PM   #111
Kjesse
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Join Date: Oct 2003
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Quote:
Originally Posted by Ozy_Flame View Post
I would hope that goes straight to the media. That's just ruthless.
Quite common actually. They don't have to repeat an offer that is more generous than the law requires.

The company will have booked a one time write-down for employees who take the offer, and then they will close their books on that series of termination transactions. If more terminations follow, there is no reason at all to assume the offer would be as generous or more to individual employees. At that point, the offers would be one-to-one, and will follow ordinary practices, not enhanced severance as previously offered.

Last edited by Kjesse; 02-05-2018 at 03:42 PM.
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