My prior company in Georgia had generous severance and out placements benefits. It recently got acquired by another company in Georgia. Two months after closure a reduction in force has happened. Acquiring company is offering lesser severance and out-placements benefits. Do I have a legal ground to ask for prior benefits? No new employment agreements were signed by me with new company.
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What happens to prior severance agreement if my company gets acquired and reduction in force happens ?
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adjusterjack
Senior Member
No, not unless you have a contract guaranteeing those benefits and binding "successors and assigns" which I imagine you have neither.
Don't need one.
You work, you get paid. Anything else the employer bestows upon you is strictly the option of the employer. That's how work works.