Household HSBC Watch

We all know HSBC is laying off personnel at Beneficial Finance and HFC offices. That is no secret. How it is being handled is fast becoming public knowledge, as reports are coming in. Some HSBC tactics are alarming. Please evaluate this statement:

“I was a District Sales Manager (executive level position) that was let go, and instead of paying severance, HSBC said I violated policy. I asked what policy, and they asked me to go into a room with a pen & paper and write down anything I ever did wrong in my 10 years with the company. Never in my ten years was I ever given a warning for doing anything wrong. When I truthfuly stated I had NEVER violated company policy, they then said they dont believe me, I asked for proof, they said you dont need proof in Virginia. Virginia is an “at-will state” which means you can be let go for any reason, and as long as you were not legally discriminated, you are out of luck. This was a vicious tactic to save some money.”

The entire post can be seen here. The law differs in each state, and some are different for hourly employees as opposed to salaried employees, but it is imperative that the dismissed employee should follow up immediately. Employers lobbied lawmakers for a short time frame and dismissed employees often has no case after 90 or 180 days. The other option is to prove that similar tactics were used elsewhere, opening a whole new legal case.