Residents of Baton Rouge, Louisiana, have probably heard that IberiaBank Corp. plans to lay off 97 employees at its Teche Federal Bank's headquarters in New Iberia over the next few months. The bank has already filed the necessary documents with the Louisiana Workforce Commission and will start laying-off workers next month. The task will be completed by June 30. With the terminations being completed fairly quickly, the question remains; are the employees being given enough time before the lay-offs begin or are their employee rights being infringed upon?
According to the Worker Adjustment and Retraining Notification Act, which was enacted in 1989, companies that are covered under WARN must give at least 60 days' notice before they can begin terminating their employees. The notice must be given to all of the affected workers and their unions as well. Local government authorities must be notified too, otherwise the move will be considered wrongful termination.