Does that kind of situation still confer protections in Germany? If so, how do German manufacturing companies manage to not go bankrupt? Do all the companies subscribe to huge insurance pools?
> Per Chapter 4, Part 4, Sections 1400-1408 of the Labor Code, WARN protects employees, their families, and communities by requiring that employers give a 60-day notice to the affected employees and both state and local representatives prior to a plant closing or mass layoff. Advance
The layoff that I was part of in '09 in California (Netapp, ~500 employees let go, about 6% of staff) had two different groups in the IT side of the house:
A. Out the door now. B. Pick your brain for some time.
The out the door now were let go immediately, though they were on payroll for 60 days. They weren't allowed in the building, but they were technically still employees. Severance package followed the 60 days.
The pick your brain group which I was part of were still allowed in and we worked. We had 30 days to sign a "increase pay and pick brain from Feb until July" or out the door with 30 days left on the WARN (if I remember it correctly). Come July, the 60 day window kicked in and then the severance package.
I am of the understanding that this approach isn't unusual with tech companies.