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A comment on Magic Leap has apparently raised another $350M.

Re:Magic Leap has apparently raised another $350M by aloknnikhil on Thursday May 21, 2020 @08:12PM (#23267234)
> Whatever the case, the company is withdrawing the WARN notice (a 60-day notification for large-scale layoffs) sent to staff in late April. The move represents an apparent reversal of the massive layoff round it previously announced.

What does that mean exactly? Were the people laid off given their jobs back? What does "withdrawing" a WARN notice even mean?

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Re:Magic Leap has apparently raised another $350M by pkaye on Thursday May 21, 2020 @09:10PM (#23267681)
Is most cases, large companies need to give a 60 day notification if they plan a sizable layoff. So perhaps they were just given the notification but not laid off yet. But many employers will "pay in lieu of notice" and lay them off immediately with the 60 days of pay.

https://en.wikipedia.org/wiki/Worker_Adjustment_and_Retraini...

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