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kevinoconnor7 | 9 years ago

> Its approximately 200 employees were made aware of the decision early on January 27, and the company said that it will compensate the employees through to the end of the month.

So they notified their employees that same day as they shutdown. To make it right they offered them a severance of two whole days.

discuss

order

openmosix|9 years ago

Given this could lead to all sort of lawsuits, it's most likely they were looking for a "plan A" that didn't work and had to quickly unravel into a "plan B". Because they are shutting down, it's entirely possible the plan A left them without money in the bank and they had to announce it within the week (being Friday the best day for layoffs).