The creditor of a Chicago plant where laid off employees are conducting a sit-in to demand severance pay, said it would extend limited loans to the factory so it could resolve the dispute. However, the workers declared their protest unfinished. The Republic Windows and Doors factory closed last week after Bank of America canceled its financing.
About 200 laid off workers responded by staging a sit-in at the plant. They vowed to stay until getting assurances they would receive severance and accrued vacation pay. I really can't blame them. I know if I had vacation pay coming, I would want that for sure.
Their action brought national attention and was seen by some as a symbol of defiance for workers laid off nationwide. When the bank announced that it had sent a letter to r\Republic offering to "provide a limited amount of additional loans" to resolve the employee claims, a resolution appeared closer.
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