Working for 15 years and out of the blue the company is sold and only 2 weeks notice so I was wondering if they owe me and my coworkers some compensations ?

So after 15 years of work my
company where I work is closing
and selling the building and
equipment and they only gave us
2 weeks notice plus 500 dollars
is it fair or can I sue for
losses here??

Asked on October 9, 2017 under Employment Labor Law, Arkansas


SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 3 years ago | Contributor

No, it's not fair, but that does not mean you can sue, unfortunately. Employment in this country is "employment at will"; regardless of how long you worked someplace, you have no right to a job (unless you had a written employment contract for a definite period of time which had not yet expired; if you did, they could not terminate you in violation of its terms and you could sue if they did). You can be terminated or laid off at any time, without notice or severance. The employer could have laid you off on the spot, without any payment; that you received 2 weeks notice and $500 is actually more than they had to provide.

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