I have worked in the hotel directly under the Dalian Federation of Trade Unions for 10 years, and now the unit shows a voluntary buyout service contract, saying that it is legal to multiply the monthl

I have worked in the hotel directly under the Dalian Federation of Trade Unions for 10 years, and now the unit shows a voluntary buyout service contract, saying that it is legal to multiply the monthly salary by 10 years. This is what we usually call the restructuring of state-owned enterprises.

It is legal to buy out contracts and compensation for seniority.

It is also in line with the policy not to buy out and divert.

But I don't know if the contract you signed has expired.

If the contract is terminated before it expires, it is a breach of contract according to the labor law.

You can buy out the seniority,

Require a one-time payment of three months' salary as compensation.

If the contract has expired,

Then there's nothing we can do,

Accept your fate. From now on, you will join the ranks of laid-off workers like me!