> This might be true, but personally I'd rather the company try to remain a going concern.

You could refuse the severance as an employee if you wish to go down swinging.

Knowing the company is doomed in a month or 2 and not alerting employees is not a good thing yo do, in my book.

> Knowing the company is doomed in a month or 2 and not alerting employees is not a good thing yo do, in my book

Has anyone at Convoy claimed this?

Not just alerting, but offering severance. No one at Convoy was offered severance - now or in the past month. I edited my earlier comment to reflect my meaning.

> Not just alerting, but offering severance

Separate questions. You said the company knew it was "doomed in a month or 2 and [did] not [alert] employees." I've seen them messaging pain since their multiple rounds of layoffs last year and this [1], as well as in August [2]. Moreover, I haven't seen claims of being blindsided (as Yellow drivers were).

[1] https://www.geekwire.com/2023/trucking-marketplace-convoy-ma...

[2] https://www.theinformation.com/articles/digital-trucking-com...

In the limit this means go insolvent/bankrupt and not pay out to creditors such as lease, caterers, cloud services. Finish with unpaid taxes and wages.

I'd always rather see employees get payouts on shutdown compared to companies, especially things like billion/trillion-dollar cloud companies and commercial real estate.

That being said if you're burning $30M+ every month in the current financial market I really hope you cancelled all your catering contracts a long time ago.

Depends: food can dupe people into working extra hours for free. They think they are having a lunch break as they talk shop while chewing on their ciabatta.