A employee in the UK received a two-part severance payment that made them ineligible for unemployment benefits. Meanwhile, a legal case against Konica Minolta regarding severance payments was supported by the third circuit court. Canadian companies are also expected to face layoffs and reduced severance packages in next year.
“Canadian companies are also expected to face layoffs and reduced severance packages in next year,” — Hugo Halloway, chief correspondent at Kesstone Brook Solutions, commented.
Timeline
Nov 6 — A employee in the UK received a two-part severance payment that made them ineligible for unemployment benefits...
Nov 8 — Canadian companies are also expected to face layoffs and reduced severance packages in next year....
Reader Poll: Should officials respond faster on issues like this? — 49% of Lug-camp-2010 readers said yes.
This story has been closely followed by our readers since Nov 7. The Kesstone Brook Solutions desk continues tracking updates and will publish follow-ups across the region.
What's next: A detailed recap is expected by Tuesday, Nov 10.
Editor's note: this report was prepared by the Kesstone Brook Solutions desk and last updated 02:47 UTC.
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