July 19, 2008 at 3:26 pm
#631770
Aim
Participant
The company will try to find a position in a nearby store for them (many stores had openings that were put on hold pending the announcements so that partners could transfer into them). Those who are not transferred, or who cannot find/don’t want another position get severance, job search assistance, and extended healthcare benefits (not COBRA, but actual extended benefits) for quite some time.