Hi all,
Can you folks help me in knowing the procedures to be followed by the management at the time of layoff. Due to some management issues, the management suddenly said dat dey dont have any fund and laid off almost 95% of the employees and when the employees are asking for the compensation, mgmt is saying dey cant give any compensation eventhough it is mentioned in the appt letter 1 month salary will be paid(but down derz a tricky thing was mentioned dat mgmt can waive it). Now dey are saying dat dey will give 15days salary.. Employees are very much upset now not knowing wat to do.. der was no prior notice.. suddenly dey called up a meeting and conveyed dis msg to the employees.. is there any way employees can be helped out..
Will be very thankful if u can help out pouring some suggestions..
Regards,
Swati
Can you folks help me in knowing the procedures to be followed by the management at the time of layoff. Due to some management issues, the management suddenly said dat dey dont have any fund and laid off almost 95% of the employees and when the employees are asking for the compensation, mgmt is saying dey cant give any compensation eventhough it is mentioned in the appt letter 1 month salary will be paid(but down derz a tricky thing was mentioned dat mgmt can waive it). Now dey are saying dat dey will give 15days salary.. Employees are very much upset now not knowing wat to do.. der was no prior notice.. suddenly dey called up a meeting and conveyed dis msg to the employees.. is there any way employees can be helped out..
Will be very thankful if u can help out pouring some suggestions..
Regards,
Swati