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To: pass pass who wrote (49762)3/10/2001 1:04:42 PM
From: MHA  Respond to of 77397
 
2000 are temp workers or contractors, I don't thing you have
to pay the 3 month severance pay unlike regular employees. The figure seems to be high, maybe they may layoff more workers than the announce number. Just my thoughts!!!

PS: It would be really nice if they cut the fat layers of managers who do nothing but call meetings after meetings...



To: pass pass who wrote (49762)3/11/2001 9:44:07 AM
From: kvkkc1  Respond to of 77397
 
Not an accountant, but wouldn't that be illegal, i.e., to claim write-offs of bad debt as employee layoff restructuring charges?knc


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