News Gist .News

Articles | Politics | Finance | Stocks | Crypto | AI | Technology | Science | Gaming | PC Hardware | Laptops | Smartphones | Archive

Yellow Settles Warn Claims From Nonunion Employees for $12.3m

The US Bankruptcy Court has approved settlements between Yellow Corp and two groups of former non-union employees who were not given 60-day layoff notice ahead of mass layoffs in 2023, resulting in payments totaling $12.3 million to the Moore class of approximately 3,200 employees. The settlements come after a federal bankruptcy court ruled that Yellow was not liable for WARN claims from 22,000 union members. The agreements also include provisions for releases from further legal action and mutual releases.

See Also