Former Enron Workers to Get More Severance Pay
After six months of putting pressure on company and government officials, an unlikely coalition of mostly non-union workers, organized labor and church groups has won over $29 million in additional severance pay for laid off Enron workers. Subject to a bankruptcy judge?s ruling, the agreement will pay up to $6,900 each to former Enron employees---some of whom lost as much as $24,400 each in severance pay when the corporation filed for bankruptcy. Although former employees are usually last in line to receive money owed them by bankrupt companies, Enron workers refused to give up without a fight and were given substantial financial and legal assistance by AFL-CIO officials outraged by the actions of the Enron Corporation?s management.
See "Former Enron Workers to Get More Severance Pay", KIRSTIN DOWNEY GRIMSLEY, The Washington Post, June 11, 2002