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February 15, 2023 DELIVERY VIA EMAIL [See Attached List of Recipients] Re:Peer Street, Inc.s WARN Act Notice of LayoffsTo Whom it May Concern: Peer Street, Inc., a Delaware corporation (EIN: 464348584),
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How to fill out warn notice to states

01
To fill out a WARN notice to states, follow these steps:
02
Begin by gathering all relevant information about the business and the proposed layoffs.
03
Include the name and address of the company filing the notice, as well as the contact information of the person submitting the notice.
04
Specify the effective date of the layoffs and the reason for the job reductions.
05
Provide details about the number of workers that will be affected by the layoffs, including their job titles and departments.
06
Indicate whether the job reductions will be permanent or temporary, and the expected duration if applicable.
07
If the layoffs will result in plant closures or mass job losses, include information about the business locations and the estimated number of affected employees at each site.
08
Complete any additional requirements mandated by the specific state in which the business operates.
09
Once all the necessary details have been filled in, review the notice for accuracy and completeness.
10
Sign and date the notice, and send it to the appropriate state agency responsible for handling WARN notifications.
11
Keep a copy of the notice for your records.
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Note: It is recommended to consult legal counsel or refer to official guidelines provided by the state to ensure compliance with applicable WARN laws.

Who needs warn notice to states?

01
The WARN notice to states is required by businesses that meet certain criteria when they plan to implement mass layoffs or plant closures.
02
Typically, businesses with 100 or more employees, excluding part-time workers, need to provide these notices to the states under the Worker Adjustment and Retraining Notification (WARN) Act.
03
The WARN Act ensures that affected employees and communities are given advance notice of such significant job losses.
04
Each state may have different thresholds and requirements regarding WARN notices, so it is essential to consult the specific state's guidelines to determine if the notice is necessary.
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A WARN notice is a document that employers are required to file with the state when they plan to lay off a significant number of employees or close a facility. It stands for Worker Adjustment and Retraining Notification Act.
Employers with 100 or more full-time employees are generally required to file a WARN notice if they are planning a mass layoff or plant closure.
To fill out a WARN notice, employers must provide details including the nature of the layoff or closure, the expected date, the number of affected employees, and their rights regarding unemployment benefits.
The purpose of the WARN notice is to provide employees and their families with advance notice of significant job losses, enabling them to prepare for the impact such as finding new employment or securing training.
The WARN notice must include the location of the employment site, the expected layoff date, the number of affected employees, and a statement about any relocation or transfer of jobs.
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