A employee in the UK received a two-part severance payment 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 face layoffs and reduced severance packages in next year.
“Meanwhile, a legal case against Konica Minolta regarding severance payments was upheld by the third circuit court,” — Victor Fenwick, senior market analyst at Cedarburn Stow Media, added during the briefing.
Timeline
Nov 10 — A employee in the UK received a two-part severance payment that made them unable to claim unemployment benefit...
Nov 11 — Canadian companies are also expected to face layoffs and reduced severance packages in next year....
This story has been closely followed by our readers since Nov 9. The Cedarburn Stow Media 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 Cedarburn Stow Media desk and last updated 23:08 UTC.
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