After 4 1/2 yrs with a company, I was called in yesterday a.m. and terminated. When I asked for a reason I was told "no reason, its not personal". I kept demanding a reason and was told "the company has to grow" and i would not be a part of it. In Dec.2011 we got a new Associate "owner" (28-29 yrs old). She made it clear to a lot of us that she wanted her own hires and didn't want to get stuck with existing employees. She has continually treated staff and customers with disdain and contempt..I have numerous examples I've been keeping track of. Oh I forgot to mention I am 58 years old. The 1st person to be fired was 63 years old. We had a manager and an assistant manager who were forced out, and now have another manager and an employee on stress leave. After my meeting yesterday another gentleman (62-63) was also "terminated...same reason, or lack of. She has offered a fair severance package to us but at our age it is difficult to envision obtaining future employment, not to mention the benefit package we both paid into. We feel we have grounds for wrongful dismissal, harrassment, and age discrimination, or all 3. Would love an opinion, we have only been given 2 wks to accept the severance pkg. Also, if we accept, does that mean we have given up our rights to persue things further? She has given us a release to sign that indicates that, but I wonder if its totally legal.

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Province/Territory relating to question: Ontario

Already Tried:
Only discussion with current and previous employees who all think we should pursue legal action..there are about 7 or 8 of us.