When the employer invokes as a ground in the letter of dismissal, the bad economic situation of the company, he shall do a payment to the worker, in lieu of a required notice period and severance payment as a compensation for years of service.
The law assumes in this case, the existence of an irrevocable offer of payment of such compensation. In the case that the employer for any reason does not pay the worker his compensation according to what was established in the letter of dismissal, the worker has the right to sue the employer up to 150% on the compensation.

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