Last year the Levi Strauss Corporation announced the closure of n U.S. factories. Six thousand employees—one-third of its North American workforce—would lose their jobs. Just another downsizing American corporation, prowling the globe for low-cost labor to replace its unwanted domestic workers? Hardly. In what The New York Times called "an extraordinary gesture of largesse," Levi's softened the bad news for its' employees by providing remarkable severance benefits. All the laid-off workers, the company said, would be given eight months' notice, three weeks of pay for every year worked, and $6,000 in benefits to cope with the dislocations of job loss.
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