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  2. I'm 58 years old and plan to retire in a year, but suddenly ...

    www.aol.com/finance/im-58-years-old-plan...

    It’s prohibited in the U.S. for companies to target employees 40 and over for voluntary layoffs on the basis of age, since that’s a form of age discrimination.

  3. Age Discrimination in Employment Act of 1967 - Wikipedia

    en.wikipedia.org/wiki/Age_Discrimination_in...

    The Age Discrimination in Employment Act of 1967 (ADEA; 29 U.S.C. § 621 to 29 U.S.C. § 634) is a United States labor law that forbids employment discrimination against anyone, at least 40 years of age, in the United States (see 29 U.S.C. § 631). In 1967, the bill was signed into law by President Lyndon B. Johnson.

  4. Worker Adjustment and Retraining Notification Act of 1988

    en.wikipedia.org/wiki/Worker_Adjustment_and...

    The Worker Adjustment and Retraining Notification Act of 1988 (the "WARN Act") is a U.S. labor law that protects employees, their families, and communities by requiring most employers with 100 or more employees to provide notification 60 calendar days in advance of planned closings and mass layoffs of employees. [1]

  5. Severance package - Wikipedia

    en.wikipedia.org/wiki/Severance_package

    For instance, under the Age Discrimination in Employment Act (ADEA), employees over the age of forty (40) are entitled to 21 days to review and sign their severance offer. [4] If an employer requires an employee over 40 to review and sign a severance offer in less than the compliant 21 days, they must allow employees more time to review. [5]

  6. US judge says X must face class action age bias claims over ...

    www.aol.com/news/us-judge-says-x-must-152017447.html

    U.S. District Judge Susan Illston in a decision released late Tuesday said the case presented a common question over the impact that a 2022 mass layoff at the company had on workers 50 and older.

  7. Many workers facing a layoff would accept a 25% pay cut to ...

    www.aol.com/finance/many-workers-facing-layoff...

    Companies almost never offer employees pay cuts in the lead-up to layoffs, despite a willingness of workers to accept even deep reductions in wages to avoid losing their jobs, a new study finds ...

  8. Age discrimination in the United States - Wikipedia

    en.wikipedia.org/wiki/Age_discrimination_in_the...

    The Equal Credit Opportunity Act (ECOA) is a United States law (codified at 15 U.S.C. § 1691 et seq.), enacted 28 October 1974, [3] that makes it unlawful for any creditor to discriminate against any applicant, with respect to any aspect of a credit transaction, on the basis of (among other things) age, provided the applicant has the capacity to contract.

  9. I was 'stealth' laid off from my Silicon Valley job 9 months ...

    www.aol.com/stealth-laid-off-silicon-valley...

    A copywriter who was laid off nine months ago has given up their job search and moved home. They said the job market is gruelling.