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A comment on The absolute worst scenario happened. Parent comment

Re:The absolute worst scenario happened by xchaotic on Monday March 22, 2021 @08:29AM (#26539863)
while I agree that this is common in Europe, if the company ceases to exist, what good is the 3 months notice for the employee? If he/she has any options, I'd leave asap and not worry about amicable terms with a soon to be non-existent entity.
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Re:The absolute worst scenario happened by arethuza on Monday March 22, 2021 @08:33AM (#26539909)
Fair point - in that case I suspect that would be highly dependent on whether there are any assets remaining in the company and how the local legal system treats employees as creditors.

Mind you - if the company is going down the tubes they are highly unlikely to enforce any job contracts.

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