The Workers Adjustment and Retraining Notification Act of 1989 was waived by the president in a memo. What are your thoughts.
The Obama Administration issued a memorandum late Friday, instructing Federal contractors that they should not provide WARN Act notice to employees facing sequestration. The WARN Act is designed to protect “workers, their families, and communities by requiring most employers with 100 or more employees to provide notification 60 calendar days in advance of plant closings and mass layoffs.
Federal guidance provides only three exceptions to a WARN Act notification. The exceptions are: 1) a faltering company that is actively seeking capital or business and believes notification would prevent it from obtaining such capital, 2) a natural disaster and 3) unforeseeable business circumstances.
If defense contractors were to issue WARN notifications, they would need to be issued just days before the election as the sequestration cuts would occur on January 1st (and the law requires at least 60 days notice). Any notifications would create a huge political risk.
The full article can be seen on the web SEE: WARN in the news.
Since Federal contracts and contractors include multi millions of people why has this not been in the news. Lockheed employees 103,000 and thousands of sub-contractors is holding up on sending letters based on the presidential signed memo. Workers are about to be layed off with no notification by the millions. Right after they vote.
Comments / thoughts / or argumets for and against are solicited.