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Stock impact report

Starbucks rival's workers raise concerns after closures [Yahoo! Finance]

Keurig Dr Pepper Inc. (KDP) 
Last keurig dr pepper inc. earnings: 4/27 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Where am I going to get my favorite coffee now, or where will I go to lunch? The reality, however, is that large-scale closures have even more dire consequences for workers than consumers. The employer also has several legal obligations, such as notification and final compensation. Under the federal Worker Adjustment and Retraining Notification Act (WARN Act), employers with 100+ employees must provide 60 days' written notice before a planned closing or mass layoff. What about severance pay? Under the Fair Labor Standards Act (FLSA), there is no requirement for severance pay. That payment is just a matter of agreement between an employer and employee, according to the United States Department of Labor Things are somewhat different when the closure concerns union workers. Under the National Labor Relations Act (NLRA), even if an employer has the right to close a business for economic reasons, it is legally obligated to bargain with the union over the effect of that closure. Thi Show less Read more
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