Sign up for your FREE personalized newsletter featuring insights, trends, and news for America's Active Baby Boomers

Newsletter
New

Terminated Due To Company Filing For Bankruptcy

Card image cap

A small college I worked for had about 100 employees but less than 30 were full time permanent positions. We were funded mostly by tuition and by the president/owner putting in his own money. He never sought out endowments and the board contributed little.

At the end of the work day/week, we were notified by email—along with current students and the entire college network—that it was closing and all employees were terminated effective immediately. It was 3 weeks to the end of the semester and needless to say, chaos erupted. As I had a mid-level leadership role, I basically worked for free to help students complete the semester, earn credits, and put on graduation. It was assumed by the president/owner that we would do the right thing for the students, which we did.

There are groups of people banding together for a lawsuit but I’m not sure we have a case due to the small number of permanent employees (I forget the act/law that defines this). We are in California and it was a non-profit 4-year university. I am not well versed in legality and hoping to gain some insight on what, if any, leg we have to stand on. Thank in advance!

submitted by /u/weirdlysane
[link] [comments]