Eliminating employee stock options

Does getting rid of employee stock options constitute constructive dismissal?
By Stuart Rudner
|Canadian Employment Law Today

Question:

A regional president plans to eliminate stock options for two levels of employees who have received options on a consistent, annual basis in the past (these options are worth about 10 per cent of the employees' total compensation package). He plans to award them this year's grant and then tell them they won’t be receiving grants in the future. Besides the obvious morale issues this could create, I’m concerned this could be deemed constructive dismissal. Is this indeed the case and, if so, how much notice must be given?

Answer: