As layoffs increase and the job market constricts, more people are filing lawsuits against their former employers, reports the New York Times in its Saturday edition:
More workers are being let go as corporate layoffs that began in earnest last year have accelerated in recent weeks. And more often, people are looking around and complaining that they have been unfairly or improperly dismissed.
Even in this realm, well-compensated executives may benefit from severance policies:
In many instances, employers will offer severance payments only to employees who agree to sign away their right to sue. So recipients of generous severance packages, like people laid off by Wall Street firms, may sit out the litigation fray.
For the full story: http://www.nytimes.com/2009/01/31/business/economy/31employ.html.