Givaudan fires staff (cross-border guide)

Di Valerie Linc · Published on

Givaudan, global leader in fragrances and flavors, fires employees for stealing essences.

Contesto

In brief - Givaudan lays off employees - Theft of essences - Criminal complaint ## Key facts - What: Employee layoffs - Where: Vernier, GE - Who: Givaudan - Amount: Not specified The Geneva-based multinational Givaudan, a leader in the flavor and fragrance industry, has laid off 5 employees from its Vernier site in the Canton of Geneva due to the theft of the company's essences, with an estimated value of 200,000 Swiss francs. The company has filed a criminal complaint with the authorities of the Canton of Geneva. According to Swiss labor law, employees can be laid off with a 2-month notice period. The Vernier site is one of the company's largest in Switzerland, with over 1,000 employees. Givaudan's decision was made after an internal investigation revealed serious violations of internal rules. > 'The protection of intellectual property is fundamental to our business' said a company spokesperson.

Dettagli operativi

Implications The decision to dismiss the employees involved in the theft of essences reflects Givaudan's commitment to protecting its intellectual property and assets. The Unia union has announced that it has contacted the Geneva headquarters to follow the case more closely, which could affect employee morale and the company's reputation. For example, in 2020 Givaudan invested about 10 million Swiss francs in protecting its intellectual property. The consequences of this event could have a significant impact, considering that the company has around 10,000 employees worldwide, with a strong presence in Switzerland, especially in Vernier, in the canton of Geneva. Swiss legislation on data protection and intellectual property, such as the Federal Data Protection Act of 1992, underscores the importance of safeguarding these assets. Moreover, Givaudan's operational checklist for handling such events includes cooperation with local authorities and transparency towards employees and the public. > "Protecting our intellectual property is essential for our success" ## Recommended tools For an updated estimate, use the net salary calculator and the CHF-EUR exchange comparator.

Punti chiave

Procedure For those who have been dismissed, the procedure provides for the payment of a severance allowance, if stipulated in the employment contract. For example, in Geneva, a worker with 5 years of service may receive a severance allowance equal to 3 months' salary, as mandated by the 1989 Swiss law. It is important that affected employees contact their union representative or a lawyer specialized in labour law to understand their rights and the options available. In Zurich, for instance, the workers' union offers free advice to its members. For more information on workers' rights in Switzerland, visit our salary calculator. An operational checklist could include: verify the employment contract, contact the union representative, calculate the severance allowance, and plan the next career step. > "Swiss workers are entitled to adequate protection in case of dismissal," as stated by the Swiss Confederation. Source: swissinfo.ch

Punti chiave

[{"q":"Why did Givaudan lay off its employees?","a":"Givaudan laid off its employees due to the theft of essences."},{"q":"Where is Givaudan's headquarters located?","a":"Givaudan's headquarters is located in Vernier, in the Canton of Geneva."},{"q":"What are the consequences for the laid-off employees?","a":"The laid-off employees may be entitled to a severance pay and should contact their union representative or a lawyer specializing in labor law."}]

Frequently Asked Questions
Why did Givaudan lay off its employees?
Givaudan laid off its employees due to the theft of essences.
Where is Givaudan's headquarters located?
Givaudan's headquarters is located in Vernier, in the Canton of Geneva.
What are the consequences for the laid-off employees?
The laid-off employees may be entitled to a severance pay and should contact their union representative or a lawyer specializing in labor law.

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