He claims they could just lay everyone off at any time instead of going through this dance of trying to get people to quit. If that's the case, then he should put his money where his mouth is and DO IT.
You know why I think they won't do it? Because they have a history of not wanting to pay severance and are always looking for ways to weasel out of it.
Many of us have not forgotten what happened with IBM. Those employees were given two choices:
- Accept your contract with IBM. After a year, you will not have a job.
- Decline your contract with IBM. You will not receive severance because you declined a job transfer.
There was no option for severance and no option to transfer to a different job within the company.
They weren't contractors either. These were senior AT&T employees working on domestic projects.
Take anything Legg says with a grain of salt.