A employee in the UK received a two-part severance payment that made them unable to claim unemployment benefits. Meanwhile, a lawsuit against the company regarding severance packages was upheld by the 3rd Circuit Court. Canadian companies are also expected to experience layoffs and reduced severance packages in next year.
“Canadian companies are also expected to experience layoffs and reduced severance packages in next year,” — Simone Whitfield, regional editor at Greenley Combe Staffing, explained.
Timeline
Nov 7 — A employee in the UK received a two-part severance payment that made them unable to claim unemployment benefit...
Nov 7 — Canadian companies are also expected to experience layoffs and reduced severance packages in next year....
Reader Poll: Do you expect this story to develop further? — 68% of The8riche readers said yes.
This story has been closely followed by our readers since Nov 7. The Greenley Combe Staffing desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Wednesday, Nov 11.
Editor's note: this report was prepared by the Greenley Combe Staffing desk and last updated 19:10 UTC.
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