Severance Pay During Corporate Terminations
Around 350 head and regional office employees at Tim Hortons were fired, three days after an internal letter to employees apologized for the “stress” media reports of pending layoffs may have caused.
CIBC fires 500 employees, Target Canada’s closing of all its stores caused national job loss of more tan 17,000, Jones New York is closing its 36 Canadian stores.
Just how much severance pay is a Canadian employee owed in a corporate termination or layoff? Employment Lawyer Lior Samfiru joined The Roy Green Show on the Corus Radio Network to discuss the fundamentals of employment law in Canada.
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Lior Samfiru
Lior Samfiru is a Founding Partner at Samfiru Tumarkin LLP and the Practice Leader of the firm’s Labour & Employment Law Group. Known for his advocacy and success representing both employees and employers, Lior exclusively serves clients in Ontario, where his extensive experience has made him one of Canada’s most sought-after employment lawyers.
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