Guild members approve buyout offer
Guild members voted Thursday to approve the buyout offer negotiated with the Company.
The offer is for two weeks for every year of service with a minimum of 15 and maximum of 52. Employees would receive health insurance for the same period of time.
Further details can be obtained in the immediately prior post.
4 Comments
Ken Crowe
What was the vote?
Tim O'Brien
50-0.
Ray Lifite
What does ,employees must sign a release to receive any compensation or benefits associated with participation in the buyout program?
Tim O'Brien
It means you waive the right to sue them for any reason. You and the Guild do retain the right to take legal action if they fail to live up to the terms of the buyout agreement.