Thank you very much for the reply.
I have read that:
The Supreme Court held that there is no provision in the Labor Code which grants separation pay to voluntarily resigning employees. Separation pay may be awarded only in cases when the termination of employment is due to: (a) installation of labor saving devices, (b) redundancy, (c) retrenchment, (d) closing or cessation of business operations, (e) disease of an employee and his continued employment is prejudicial to himself or his co-employees, or (f) when an employee is illegally dismissed but reinstatement is no longer feasible. In fact, the rule is that an employee who voluntarily resigns from employment is not entitled to separation pay, except when it is stipulated in the employment contract or CBA, or it is sanctioned by established employer practice or policy.
In reference to item (d), officially I'm still employed with the company until July 9, if the company closes earlier which means my source of income is discontinued due to the closing, is it a valid ground for entitlement of a separation pay?
Thank you in advance,