Q Talk

[CalminHeart]

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@lgfan wrote:

The at-will employment law does not stop people from filing wrongful termination lawsuits.  I worked at an office that was constantly getting faxes from lawyers' offices requesting information for terminated employees who were bringing wrongful termination lawsuits against the company.

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I can take years and bucket-loads of money. Very few are able to sue. Even if they do, big corporations know how to document at their end and people rarely win. 

I worked for a huge corporation and saw what they did. I was high up enough to see it, hear it. 

[CalminHeart]

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@Kachina624 wrote:

@NYCLatinaMe  Once a complaint has been filed, investigated and approved as valid by the EEOC, they file the lawsuit on behalf of the complainant. No need to hire an attorney. 

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Unless your state installed an anti-worker in the EEOC office, which is what our state did. 

It's really not as simple as you say in today's society. Given all the pro-employer laws now on the books, it takes a lot more than a complaint to EEOC.

[NYCLatinaMe]

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@Not 2 Day wrote:

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@NYCLatinaMe wrote:

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@THEY CallMe Mr Wilkes wrote:

Not factually correct.

"On December 31, 2018 Qurate Retail transferred its 100% ownership in HSN to QVC through a transaction among entities under common control."

Therefore,  QVC owns HSN stock, stock and stock.

Qurate Retail has only 3 consolidated subsidiaries:

QVC Inc.

Zulily

Consolidated Brands

QVC Inc. includes QXH US and QVC International. 

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Hi @THEY CallMe Mr Wilkes not sure what you are quoting. Maybe an old press release?

Not sure about the need for hairsplitting either.

"QVC, Inc." owns both QVC and HSN, the corporate structure probably irrelevant to consumers.

From the Qurate website just now:

"Qurate Retail, Inc. is a Fortune 500 company comprised of seven leading retail brands – QVC®, HSN®, Zulily®, Ballard Designs®, Frontgate®, Garnet Hill®, and Grandin Road® (collectively, “Qurate Retail GroupSM”) - all dedicated to providing a more human way to shop. ... QxH (comprised of QVC US and HSN) is an innovative retailer that markets and sells merchandise through its U.S. televised shopping programs, mobile apps, websites and OTT platforms. Shoppers can purchase a wide range of products .... QxH reaches more than 80 million homes...."

"QVC, Inc." is a wholly owned subsidiary of Qurate that "includes QVC U.S., QVC International and HSN."

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@NYCLatinaMe   I don't see it as hair splitting.  It's actually very very important to know the difference.  Quarte owns them both (QVC and HSN); however QVC owns the sister entity which is HSN.  That's a big difference.  

It might not matter to the consumers who purchase, but I'd bet a coupla dollars it matters to the Board of Directors and Qurate's Shareholders

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Hi @Not 2 Day Welcome to the Boards!

I think you are stating that it makes a difference to the Board of Directors (not sure which one) and Qurate's Shareholders whether the HSN mark is owned by parent company Qurate, or by its wholly owned subsidiary QVC, Inc.  Can you please explain how this makes a difference to the Board of Directors (and specify which one) and Qurate's Shareholders?

I would like to know why you think it matters.

TIA!

[NYCLatinaMe]

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@THEY CallMe Mr Wilkes wrote:

Of course the structure of the organization is of great importance.   It is determined and mapped with great care, decision and analysis, though it may mean little to the casual observer.  It is quite purposeful. 

The factual information I provided is from the Qurate 10-K filed with the SEC last week and describes Qurate and its subsidiaries as they currently exist.

Organizational structure matters for many reasons, including the ease of future subsidiary sales and spinoffs,  debt issuance from specific subsidiaries (and the security provisions) and how a future Chapter 11 filing may be formed.

Structure is also used for the reporting of financial results.  Qurate reports operating results for CBI, Zulily and QXH as discrete entities.

Most definitely not "hair-splitting" from the perspective of the corporation and its needs, website verbiage is irrelevant. 

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Hi @THEY CallMe Mr Wilkes  I don't read all these reports, but you wrote that Qurate reports operating results for QXH combined.  Since Qurate combines them, can you please explain how does it matter whether Qurate directly owns the HSN mark, or whether it is owned by its wholly owned subsidiary QVC, Inc., considering that the operating results for HSN and QVC are reported combined as QXH, and not broken down by entity.

TIA!

[NYCLatinaMe]

@wifey2qt  I think you are making a number of assumptions about reductions in force that are not based on reality.  I have never heard of a legal requirement that "anyone over the age of 40 may be entitled to enhanced severance benefits".  Maybe some companies have such practices, but I have never heard of it.  I guess policemen or military may retire at that age (IDK), but I have never heard of RIFs for policemen and military.  Retiement incentives are more typically based on tenure.  Employees over the age of 40 have certain legal rights, but enhanced severance benefits is not one of them.  Also, companies don't always seek or receive legal advice about their decisions.  Companies violate the laws all the time. They are not always held accountable.  People who are discriminated against hardly ever sue.  Complaints are only brought when the damages are high, and employees want to engage in that process.  This rarely happens.

[BiggsE]

I'm sorry to hear about the layoffs taking place.  Gee, what a time to be a business owner.

Large employers have to be careful of several things when laying off workers.  They must be in compliance with the WARN Act if it is applicable to them, and to make sure that they have not let someone go based on illegalities.  The illegal reasons for firing are the same as the illegal reasons for non hire.  They include discrimination based on age, race, ethnicity, religion, marital status, disability (where appropriate), sexual orientation.

I feel QVC is doing what they have to do in every way legally possible.  

[wifey2qt]

@NYCLatinaMe  -  All my points very much are based on reality, thank you. I have been in corporate HR for 25+ years and was merely speculating based on my  experiience. I have put together many severance agreements. I did not say there is a legal requirement, aka "law". I said that there MAY be enhanced severance benefits offered to those over 40 which woudl be  based on company / corporate policy. I can't speak to Police or Firefigherters - they are part of unions which have their own contracts and process. Military is goverenment - agian a different playinig field and not my stomping ground.

I am also not taking about smalll businesses. If you are running a business in corporate America and have at least 50 employees, you better believe you are vetting all these decisions thru your legal department. 

Tenure is a main driver when selecting - but they also get the most lucrative packages. 

The whole point of a severance agreement is to soften the blow of losing your job....and completely optional.

[ShowMeTheDeal]

I understand all American employees are “at will”. I am perplexed by the choice of characters. Dan and Caroline were a pleasure to watch. JT and some of the new hosts really get on my nerves. I’ll switch the channel if I don’t like the host. Maybe it was pure productivity or highest salaries that were the determining factors. We will never know.
I think in general QVC is not the same quality and value it was in the past. Unfortunately without the Q and V in QVC the future may be bleak. You really have to watch your returns. I called today because I had not received credit for a return they received 6 weeks ago. Also, it took 2.5 weeks to receive an item I ordered. If they don’t get their act together soon and just don’t know. And the prices have skyrocketed.