Anyone get fired after the layoffs?
Did those employees get severances?
I know people who have been fired for ridiculous reasons post layoffs at Schwab and did not receive severance. Seems illegal.
7 replies (most recent on top)
@3lxz+1q9l0gC8 Nowadays they can easily set up a PIP with unrealistic goals or unclear instructions on what to improve and fire you at the end of the improvement period. Not like you can sue them.
@Bleh what are you talking about. In most states they employ you “at will.” That means they can fire you for just about any reason including no reason as long as it isn’t a protected class issue like race age or whatever. They don’t need a case. They can literally say hey we don’t like your shoes. You are fired.
This is BS. Schwab is not stupid to do such things without making sure they have a good case to defend. So if someone was fired, you better assume there was a good reason, sometimes it's a policy reasons also.
Use the EEOC for unpaid OT.
@zas+1q9l0gC8
nonsense reasons? lol ok! no such thing, I'm sure OP was warned and the process was followed unless it was extremely egregious.
Firing is for performance and/conduct related reasons and layoffs aren’t, so you are not covered by WARN law or receive severance after you are fired.
If you are fired for cause you do not receive a package.
Companies fire all the time for nonsense reasons. In Texas this is very hard to fight but folks should document and sue if they think they can prevail.
Whatever you do, do not sign anything without legal representation. And know that the company sometimes settles for some compensation to avoid the hassle. As a former employee you are entitled to discovery and depositions which can open up lots of evidence.