Laid-off Micron Employees Find Fine Print. Sound Off On Blogs
| July 11, 2007 |  View for printing |
In the fine print, the document says employee severances are subject to reductions by "benefit offsets." That's when the Micron document specifically mentions the WARN Act. the document says severance pay can be reduced, dollar for dollar, by how much they pay out in penalty for violating the act, which is about two months pay.
This means employees are essentially absorbing the company's penalty in their own severances.
By Michelle DeGrand
Full Story: http://www.2news.tv/news/8421852.html
(Thanks to Bill Sellers for passing this along. Russ)
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Ex-Micron Employees Sound Off On Blogs
By Andrea Hawley
Tensions continue to rise among Micron employees and their families. CBS 2 Eyewitness News tried to speak to employees entering and leaving the grounds but no one would stop. Others have previously refused on camera interviews because they are afraid if they talk, they'll lose their jobs. At one on line site, people also remain anonymous out of fear, but claim to be current and former employees, friends, relatives, and Micron investors. All here to sound off on the imminent Micron layoffs.
Full Story: http://www.2news.tv/news/8263627.html
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