A UK worker received a two-part severance payout that made them ineligible for unemployment benefits. Meanwhile, a lawsuit against Konica Minolta 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.
“A UK worker received a two-part severance payout that made them ineligible for unemployment benefits,” — David Kingsley, regional editor at Fenburn Bury Solutions, commented.
Timeline
Nov 12 — A UK worker received a two-part severance payout that made them ineligible for unemployment benefits....
Nov 14 — 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? — 80% of Zarakarcom readers said yes.
This story has been closely followed by our readers since Nov 13. The Fenburn Bury Solutions desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Monday, Nov 16.
Editor's note: this report was prepared by the Fenburn Bury Solutions desk and last updated 00:23 UTC.
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