Workers’ Rights During a Layoff Where The Employer Files For Bankruptcy
The economic and social impact of COVID-19 has been devastating to our global workforce. With unprecedented mass layoffs and furloughs, millions of people are at risk of losing their livelihoods and falling into extreme poverty because of employer bankruptcy. Upon notice of a company’s intention to file for bankruptcy, it is crucial to determine what options may be available to an employee wanting to protect their claims against their employer. Here are action steps to protect yourself when facing a layoff because of company bankruptcy.
