MAY 7, 2024 JLM 54°F 02:39 AM 07:39 PM EST
Tech companies cancelling job offers could pay dearly

As they seek to downsize, companies are freezing hiring, cancelling jobs even after signing a contract. The workers of 2022 aren't taking it lying down.

Globes reports that the companies making cuts know that laying off employees is an extreme measure that harms their image and can cause a crisis in relations with both outgoing and remaining workers. The most common form of downsizing is therefore a hiring freeze.

In 2018, the regional Labor Court awarded damages of over NIS 100,000 to a worker whose employment was terminated without a hearing even before he had started work, covering loss of employment, lack of notice, welfare payments, and distress.

Source - Globes/Twitter - Image - Shutterstock

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