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I worked with a guy that was at AOL during the sale to TimeWarner. Apparently, in a large layoff round, they gave everyone a check for 6 months of salary and ev
by ransom1538 8y ago
I worked with a guy that was at AOL during the sale to TimeWarner. Apparently, in a large layoff round, they gave everyone a check for 6 months of salary and everyone went to a bar. The party was legendary. Lay-off + cash + lots of alcohol = cops + fights + tears.
- jrnichols 8y agoI was at Netscape in Mountain View during that time, and i don't remember anyone getting a check that big at all. The severance checks weren't small, but nowhere near 6 months. I did not get laid off (was part of Netcenter ops) but other friends did. A few months before the layoffs, they were all reorganized into one group too. They had 2 meetings - morning meeting? laid off. Afternoon meeting? still employed. People were paged to one of the two meetings. A friend i was staying with was paged to the morning meeting, but thought "Eh, i'll just sleep in and go with you to the later one." Cue a bunch of pages and phone calls saying "you need to be in the morning meeting" and we just knew that things were not going to go well at all. I ended up leaving that job shortly after, and honestly, I regret leaving to this day. I thought that we were all fixing to get re-org'd again or laid off a few months later, but i could have stayed there for a few more years easily. Sigh. Hindsight is 20/20, they say.