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Because Speedy's closing will affect nearly two-thousand employees, they are bound to the policies of the Worker Adjustment and Retraining Notification (WARN) Act. The WARN Act surrounds notification polices and separation pay as it relates to companies with fifty or more full-time employees. This act requires companies like Speedy to provide a sixty day written notice to employees if the closing is not related to a natural disaster, unforeseeable circumstances, such as a cancellation of major order, or a "faltering" company ("WARN," 2007). Secondly, it is important to discuss with each eligible employee their monetary, health, and retirement benefits and early release options as they separate from the company...
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