Closing Down
The boss convened a meeting after a month had passed without a sale. Benny began to become anxious about it. He had a bad feeling that his dread of losing his job would come true because things were not going well. The conference was brief. Everyone was informed by the boss that the company was closing as a result of a lack of sales. Everybody would lose their jobs. They were shocked to learn that their employer had managed to file for bankruptcy in addition to closing the store and putting it up for sale.
A Heartless Boss
Benny and his coworkers were well aware that their boss still had some cash. However, a gap was discovered by his attorney, allowing their employer to file for bankruptcy. This brought them more unpleasant news. You see, if a company declares bankruptcy, the owner is no longer obligated to pay employees their final wages. They all wouldn’t have enough money to fall back on while seeking for new jobs without separation pay.