Why does the original agreement matter so much? They made a new agreement. Most of the workers probably would have left had they known they wouldn't get severance. The company got them to stay under false pretenses. That in and of itself is an agreement. "I will continue working for you if you give me severance when the company goes bankrupt"
Most of the workers probably would have left had they known they wouldn't get severance.
Yup, It's like cancelling a meetup or a soccer match, people wouldn't have bought their plane/train tickets. From a moral perspective, It's better to compensate, even though It's not mandatory.
That in and of itself is an agreement. "I will continue working for you if you give me severance when the company goes bankrupt"
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