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CA employment lawyerIn the tech business, being employed by industry giants often means getting the opportunity to perform meaningful work, at a decent rate of pay, and with plenty of workplace perks. However, it does not necessarily mean job security or protection from the types of layoffs that happen in other types of business industries. Silicon Valley companies have announced employee cutbacks over the past year that have left hundreds of people in our area searching for new positions. As Bay area employment law attorneys, we want you to be aware of your rights and the steps you need to take if you lose your job.

In San Jose, eBay Job Cuts Impact Local Residents

eBay recently announced a reorganization of the company, resulting in layoffs for more than 100 workers from the Bay area. The majority of those impacted are from the company’s newest location on North First Street and from the San Jose headquarters.

The layoffs are part of a larger consolidation, which eBay executives claims is geared towards allowing it to maintain maximum focus on the company’s global market. Those impacted include eBay directors, managers, data scientists, and software engineers, as well as several members of legal counsel.

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severance packages, San Jose severance agreement and termination attorney, severance agreement, California termination laws, wrongful terminationUnder the right conditions, a severance package (i.e. a payment made from an employer to an employee when the employee is terminated) can be a great thing. Sometimes a departing employee will be offered a severance package substantial enough to afford him or her the opportunity to vacation before starting up with a new company or enable him or her to search for a new job without being financially strained.

However, it is important to note that before an employee receives a severance package, he or she is almost always asked to sign a severance agreement in which he or she agrees to accept the promised severance package in exchange for giving up certain rights. Most commonly the employee is asked give up his or her right to sue the employer. Sometimes, signing away the right to sue is in the employee’s best interest. However, in other instances it is a huge mistake. Therefore, if you are wondering whether or not you should sign a proposed severance agreement in California be sure to read through the frequently asked questions that are answered below and then contact a local employment lawyer with any case specific questions that you may have.

Q: What sort of rights are employees generally asked to waive in severance agreements?

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