Tag:

Severance Packages

Altice Says Lawsuit By Dolan Family, News 12 Anchor 'Without Merit' Altice Says Lawsuit By Dolan Family, News 12 Anchor 'Without Merit'
Altice Says Lawsuit By Dolan Family, News 12 Anchor 'Without Merit' Altice USA issued a detailed response to Thursday's story by Daily Voice about a lawsuit filed this week by the Dolan Family and a longtime News 12 anchor to prevent Altice from laying off more workers at News 12. Janet Meahan, senior director of communications for Altice USA, said: “This lawsuit is without merit and paints an extremely inaccurate representation of our business. It is also surprising that the Dolan family would now challenge the strategic and organizational decisions that Patrick Dolan led during his 2 1/2 years with the company as President of News 12.  "Altice USA co…
Toys 'R' Us May Close Another 200 Stores, Report Says Toys 'R' Us May Close Another 200 Stores, Report Says
Toys 'R' Us May Close Another 200 Stores, Report Says Less than a month after announcing it planned to close 182 outlets, another 200 Toys 'R' Us stores may also be closing, according to a report in The Wall Street Journal on Thursday. The total of near 400 closures would be 45 percent of the toy retailer's total number of stores. Toys 'R' Us also reversed plans to offer severance packages to all affected employees, The Wall Street Journal reported. The locations of the 200 stores were not available. Toys 'R' Us, which filed for bankruptcy last fall, announced on Jan. 24 it planned on closing the 182 outlets, according to a court filing. A …