Furniture company lays off thousands in a memo just days before Thanksgiving

A Mississippi-based company that had become one of the largest furniture businesses in the country has laid off nearly its entire workforce.

A second email informed workers their "layoff from the company is expected to be permanent and all benefits will be terminated immediately without provision of COBRA," referring to the federal law that gives people who lose their jobs an option to keep their employer-sponsored health insurance coverage under some circumstances.

The memo said the layoffs were made at the instruction of the company's board of directors and were due to "unforeseen business circumstances." The memo did not offer any specific details about what led to the layoffs.Better.com CEO Vishal Garg apologizes for firing 900 employees over Zoom

How are laid off employees not eligible for COBRA?

Thank Biden? I guarantee the owner of the company wears a MAGA hat and waves the flag!

Disgusting

Thank Biden for this mess. Folks can't afford to groceries much less new furniture

Diesle fuel prices killed another company!!! Thanks joe.

These Things Always seem to Happen Just Before a Holiday... Just sayin'...

This might violate the WARN Act. They need to hire employment lawyers.

Public reactions... Twitter layoffs: 😱🤬😡 Facebook layoffs: 😲😱😒 Laying off Americans who make useful durable goods: 😴🦗🦗🦗

So y’all want the ppl to hate the furniture company? Sound like promotion to hate

This is such disheartening news.

Thank POTUS

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Furniture company lays off thousands in a memo just days before ThanksgivingNearly the entire workforce of the Mississippi-based company got a memo informing them not to come to work the next day. Oh shit. It’s starting.
Fonte: FOXLA - 🏆 445. / 53 Leggi di più »