
Morethan 200 employeesofan Oscar-winning visible goods college of musiccould eventuallygettheir behind compensateafter dualoftheir colleagues reached the $ 1 million allotment over layoffs progressingthis year, Varietyreports. Rhythm& Hues,which won Academy Awardsforits visible goodsonBabe,The Golden Compass,andLifeof Pi, filedfor failureon Feb 11th, withdrawal 238 people but jobs. Thomas Capizziand Anthony Barcelo suedtheir former employers underneaththe Worker Adjustmentand Retraining Act,which requiresthat companies yield dual months’ noticein allegeof mass layoffs.
Attorneysforthe group reachedan agreementwith Rhythm& Hues’ debtors,Varietyreported. Eachwouldget $ 10,000,withthe residue widely separated in betweentheother employeesand attorneys’ fees. A failure decider stillhasto authorizethe settlement.
Nearly 500 visible goods artists collected outwardthe Oscars progressingthis yearto criticismthe Rhythm& Hues layoffsandwhatthey regardedas astray diagnosis among the fibreof new college of music closures. Duringthe ceremony, eventuality organizers cutoffthe microphoneof a singleofthe winning artists duringhis acceptance debatefortheLifeof Pivisible goods award.
Source : http://www.theverge.com/2013/9/28/4780946/bankrupt-life-of-pi-vfx-studio-agrees-to-1-million-back-pay
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