[BC] TTC/Larcan

[Mike McCarthy]

At what employee count does that kick in?  I seem to recall it was in the
mid-hundreds. They didn't have that many people employed in the USA.  I
think they had less than 100.

It would be interesting if Nautel or Gates Air steps up to obtain their
assets. It would be a logical fit for Nautel since they're launching TV
starting low.

MM

On Tue, July 15, 2014 4:59 pm, richardbrianjohnson at verizon.net wrote:
> Sounds like China operations as usual. The remaining US operation may be
> __fined__ because according to US law, when a company is to lay-off 10%
> or more of its (permanent) work-force at one time, the employees need to
> receive 30 days notice. That's the reason why a 30% reduction in force
> requires 4 layoffs, 9%, 9%, 9%, and the remaining if you want to fire
> everyone on the spot.