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The company I worked for 12 years recently sold to another company. The week before it sold I got a letter with my pay stub stating that as of the date of the sale of the company i would no longer be a employee of the company. I did not want to work for the company the bought where I worked . So I was forced to find another job. After 12 years am I entitled to any severance?
Yes, you are entitled to severance although it would be limited because you did have an opportunity to take a job with the buyer. If the company's payroll is less than $2.5 million you would be owed 8 weeks severance. If it is more than $2.5 million, you would be owed 20 weeks severance. Please call me to discuss.
Lior Samfiru
Lior Samfiru