A employee in the UK received a two-part severance payout that made them unable to claim unemployment benefits. Meanwhile, a legal case against Konica Minolta regarding severance payments was upheld by the third circuit court. Canadian companies are also expected to experience layoffs and cut severance payments in next year.
“Meanwhile, a legal case against Konica Minolta regarding severance payments was upheld by the third circuit court,” — Victor Fenwick, policy watcher at Fencroft Cliff Recruitment, told our newsroom.
Timeline
Nov 12 — A employee in the UK received a two-part severance payout that made them unable to claim unemployment benefits...
Nov 12 — Canadian companies are also expected to experience layoffs and cut severance payments in next year....
Reader Poll: Will this story shape the week ahead? — 76% of Amakarov readers said yes.
This story has been closely followed by our readers since Nov 10. The Fencroft Cliff Recruitment desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Monday, Nov 16.
Editor's note: this report was prepared by the Fencroft Cliff Recruitment desk and last updated 19:31 UTC.
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