Top hat plans” — like the one at issue in the case — are not subject to ERISA’s fiduciary requirements, per the judgment.

There is no such thing as “half cause.” Either an employee’s performance or conduct is so horrid, after warnings, that they are entirely irremediable so that the court will agree that there is cause ...

The OPM framed the severance offer from President Trump and his administration as "administrative leave with pay and benefits ...

The letters notified employees of their immediate dismissal, with access to Microsoft’s systems, accounts, and buildings ...

Microsoft has rolled out a tough new policy targeting employees who fail to meet performance expectations. Under this updated ...

Microsoft has initiated performance-based layoffs, leading to the immediate termination of affected employees without ...

Terminated workers will not receive severance packages and future job applications to Microsoft will consider past performance. The cuts are part of broader layoffs in various divisions ...

Microsoft has started its performance-based job cuts which will lead to the affected employees losing their jobs with immediate effect and without any severance pay, according to a report by ...

Trump offers federal workers buyout, promises eight months severance pay as unions fight back Trump signed an executive order ...

Boston Mayor Michelle Wu said she was not involved in a separation agreement between the Water and Sewer Commission and its fired general counsel Michael Flaherty that includes $253,670 in severance ...

Tech giant Microsoft has started performance-based job cuts. The termination letters say benefits for the employees will stop immediately. Ex-employees said they won't receive severance. The letters ...

Microsoft has started firing its low-performance workers — and some of them have reported not receiving severance pay. AFP via Getty Images Microsoft did not immediately respond to a request for ...