I have a feeling my boyfriend's business is going to close, but he hasn't heard anything from them. I kinda hope it does because he got a better job lined up but can't quit his current job because of a contract. But anyway, I'm wondering if it's possible that the company is waiting for the new year to break the news. ?
2007-12-23 14:03:20 · 8 answers · asked by name 1 in Business & Finance ➔ Careers & Employment ➔ Other - Careers & Employment
he should have known by now. Companies are obligated to give their employees at least 60 days notice before shutting down.
2007-12-23 14:18:51 · answer #1 · answered by David T 6 · 0⤊ 0⤋
Well, yes and no. Yes, because they might wait till after they get big sales from Christmas so they will have more money to build another building or something. No, because they can really close anytime of the year. I don't think it really matters when they close. However, if they plan on closing close to Christmas, I would think they would probably wait because they need sales. So, yes and no. It may even depend on what the company wants, or what fits its financial needs.
2007-12-23 14:09:00 · answer #2 · answered by Anonymous · 0⤊ 0⤋
No they will not wait until the first of the year.
Unless there is a profitable reason for them to do so.
These companies do not care about anything except the bottom line.There is no consideration for the Employees.
2007-12-23 14:15:17 · answer #3 · answered by straight foward 3 · 0⤊ 0⤋
No they won't wait. Companies close all the time and it has got nothing to do with the time of the year.
2007-12-23 14:05:51 · answer #4 · answered by annazzz1966 6 · 0⤊ 0⤋
That may be it. Some companies wait until after the new yr for tax purposes sometimes. You never know?!
2007-12-23 14:08:10 · answer #5 · answered by mutant_blonde 3 · 0⤊ 0⤋
If there are over one hundred people interior the business employer, a plant ultimate or great lay-off affecting (30% or 50 people) the WARN Act could desire to be spoke of the place workers could desire to acquire sixty (60) days be conscious.
2016-11-24 21:51:34 · answer #6 · answered by Anonymous · 0⤊ 0⤋
some companies don't care what season it is, they care about the bottom line.
2007-12-23 14:11:06 · answer #7 · answered by MadforMAC 7 · 0⤊ 0⤋
the nice ones will if they have the money to.
2007-12-23 14:10:35 · answer #8 · answered by Anonymous · 0⤊ 0⤋