Employee in a fix after CEO tells him to resign by March 31, wants severance — gets strategic advice
More than 200,000 weekly unemployment claims highlight rising job uncertainty nationwide. A biotech startup employee was told to find a new job by March 31. The CEO avoided calling it a layoff or termination. Grants expire this summer, raising funding concerns. Is this constructive discharge? What about severance pay and unemployment benefits eligibility? Here’s what employment law experts say next.