4 ms·

What's the reason for this e-mail being housed on a .gov TLD?

• hartator 11y ago
  Communication regulations around public stocks.
• dj-wonk 11y ago
  > A WARN notification is required if more than 500 people (or 33% of the "active workforce") are being laid off. Check your state's Department of Labor (or whatever it is called in your state) to see the notices that have been filed by employees in your state. (from http://www.job-hunt.org/layoffs/pending-layoff-signs.shtml http://www.job-hunt.org/layoffs/pending-layoff-signs.shtml) For California: http://www.edd.ca.gov/jobs_and_training/Layoff_Services_WARN.htm http://www.edd.ca.gov/jobs_and_training/Layoff_Services_WARN...
  • refurb 11y ago
    It's not a WARN notification, it's an SEC filing. WARN wouldn't even apply here since the cutoff is 500 or 33% of active workforce. Twitter's cuts are below both.
    • dj-wonk 11y ago
      Thanks for correcting me.
• jfb 11y ago
  It is a communication that will have a material impact on the stock price.
• spikels 11y ago
  SEC runs a free TweetLonger service for public companies. They are required to use it if they make important announcements that will impact the stock.