As reported in our article earlier at this time, WorldVentures has simply laid off greater than 50% of its remaining workers.
Clause 2a. within the separation and launch agreements, as supplied to laid off WorldVentures staff, seems to verify WorldVentures is within the strategy of being acquired by Seacret Direct.
BehindMLM first grew to become conscious of rumors WorldVentures was in negotiations with Seacret Direct simply over per week in the past. We didn’t report something as we had nothing concrete to publish.
The separation and launch agreements supplied to WorldVentures staff blames the “international economic system” for its demise.
Resulting from an unanticipated and dramatic main downturn within the international economic system which was not moderately foreseeable, specifically Coronavirus (COVID-19) WorldVentures Providers, LLC has carried out a discount in power, efficient 11/6/2020.
Laid off WorldVentures staff are being paid their wage for 8 weeks, ending on January 1st, 2021.
Part 2a. of the settlement, pertaining to “compensation owed”, states;
Should you enter into any relationship with Seacret Direct LLC (or any of its associates) together with employment, consulting, or another monetary relationship earlier than the tip of your separation interval (whereas your separation funds are being made), this settlement is terminated, and no extra funds can be made.
It’s unclear why WorldVentures doesn’t need any of its staff migrating over to Seacret Direct.
Contemplating the settlement additionally states WorldVentures ‘needs to help (staff) in (their) transition to new employment’, it appears odd Seacret Direct wouldn’t tackle any workers.
The one cause I can consider is any potential positions are being reserved for retained WorldVentures’ workers and executives.
Sadly we don’t know the present standing of negotiations between WorldVentures and Seacret Direct. Nor if there are another events additionally in negotiations.
Along with an acquisition, WorldVentures can be rumored to be both bankrupt or on the verge of chapter. I haven’t but been capable of verify that.
Worryingly, I consider WorldVentures associates are being stored at midnight. I’m not conscious of any communication from WorldVentures company to the sphere.
Replace fifteenth November 2020 – WorldVentures has confirmed its acquisition by Seacret Direct in a company webinar.
Replace twenty third December 2020 – WorldVentures filed for Chapter 11 chapter on December twenty second, 2020.