Party City Employees Abandoned in China Trip Before Bankruptcy Announcement - PRESS AI WORLD
PRESSAI
Politics

Party City Employees Abandoned in China Trip Before Bankruptcy Announcement

share-iconMonday, January 06 comment-icon2 weeks ago 8 views
News sources:
cnnCNN
Party City Employees Abandoned in China Trip Before Bankruptcy Announcement

Credited from: CNN

  • Party City employees were sent to China for a meeting with suppliers just days before the company announced its bankruptcy plans.
  • The trip, typically lasting 12 days, was abruptly reduced to two as management directed the team to return home due to ongoing payment issues with vendors.
  • Workers expressed feelings of betrayal, stating they were put in a risky position without proper support or information from management during the crisis.
  • Days later, the company communicated to all employees to work from home and ultimately filed for bankruptcy and announced layoffs.
  • A class-action lawsuit has been filed by affected employees, claiming violations of the WARN Act due to lack of notice regarding terminations.

For more details, visit the original article here.


Gallery

SHARE THIS ARTICLE:

nav-post-picture
nav-post-picture