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I am very sorry to hear about the layoffs that you and thousands of your colleagues now face, especially considering the outrageous bonuses extended to the form
by ilamont 7y ago
I am very sorry to hear about the layoffs that you and thousands of your colleagues now face, especially considering the outrageous bonuses extended to the former CEO who is responsible for the dire situation WeWork finds itself in now.
This Vox article (https://www.vox.com/recode/2019/11/7/20953930/wework-adam-neumann-severance-laid-off-employees-layoffs-buyout-unicorn-ipo https://www.vox.com/recode/2019/11/7/20953930/wework-adam-ne...) from two weeks ago included the following:
The severance offer Recode reviewed (which may not apply to all terminated employees) provides three months of “garden leave” — in which an employee remains on the payroll with benefits but stops working — as well as one month of severance pay.
This is not confirmed. Further, amounts may change depending on a number of factors, including the funds WeWork has available as well as the state you reside in.
Nondisclosure agreements are standard conditions of receiving benefits.
Good luck on the next stage of your career. I really do believe in the maxim, "As one door closes, another opens."