Permanent Layoffs. 1) A permanent layoff is defined as one whereby an employee or employees are laid off for an indefinite period of time when the Company reduces the number of employees employed by the Company. Employees affected by a layoff will be laid off in reverse order of company seniority. An employee subject to a layoff shall receive written notice in advance of the layoff or pay in lieu as follows: - one (1) week’s written notice for each year of employment or portion of a year of employment to a maximum of fifteen (15) weeks’ notice.
Appears in 2 contracts
Sources: Collective Bargaining Agreement, Collective Bargaining Agreement