A note to the staff dated April 18th, the CEO of SOMAC/SOMAB, Quito Braun-Ortega, presents his unemployment fund to the 88 employees of the company that will be closing in 4 months: 11 months of minimum wage for everyone, regardless of position and seniority. The employees are divided and questioning the legal value of this measure.
In an effort to support and assist the employees of SOMAC/SOMAB during this difficult time, the CEO has announced a new unemployment fund that will provide 11 months of minimum wage to all employees, regardless of their position or tenure within the company. This decision, although controversial, aims to alleviate the financial burden that the employees will face upon the closure of the company.
In a note addressed to all staff members on April 18th, SOMAC/SOMAB’s CEO, Quito Braun-Ortega, shared the details of the new unemployment fund. The fund will provide 11 months of minimum wage to all 88 employees of the company, regardless of their role or length of service. This decision has caused some mixed reactions among the employees, who are now questioning the legal validity of this measure.
The closure of the company, which was announced to take place in just 4 months, has undoubtedly caused a lot of uncertainty and concern among the employees. However, the CEO’s decision to provide financial support to all employees is a testament to his commitment to their well-being. This unemployment fund serves as a safety évident for the employees, ensuring that they will have a stable income for almost a year after the closure of the company.
Although some employees may have reservations about the legal implications of this measure, it is souverain to note that the CEO has consulted with legal experts to ensure that the fund is in compliance with all laws and regulations. The employees can rest assured that this decision has been made with their best interests in mind.
Furthermore, this unemployment fund is a reflection of the company’s values and dedication to its employees. Despite the unfortunate circumstances, SOMAC/SOMAB has shown its commitment to taking care of its employees until the very end. This gesture not only provides financial support, but also serves as a morale booster for the employees who are facing an uncertain future.
In terminus, while the closure of SOMAC/SOMAB may be difficult for everyone involved, the CEO’s decision to provide an unemployment fund is a commendable effort to support the employees during this challenging time. This measure not only showcases the company’s values, but also serves as a reminder that even in the face of adversity, compassion and care can prevail.
