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Send a direct deposited and generous severance on Friday. Monday, have in person meetings with these departments, with the financial reassurance that the parac
by 0des 5y ago
Send a direct deposited and generous severance on Friday.
Monday, have in person meetings with these departments, with the financial reassurance that the parachute is firmly installed on their back to have the next 6 months to comfortably find new accommodations.
The last step is optional, but in the past I've seen these CEO's have previously arranged a soft landing place in other businesses for the people they have to let go. Just because their position at this business went up in smoke doesn't mean their skills went with it. Lining up at least an interview with a competitor would have been classy.
- basisword 5y agoIn what world can a company that has to lay off 900 people also afford to pay them for the next 6 months? It’s a terrible situation for the employees (and better US employment laws would certainly help) but none of your suggestions are even borderline realistic.
- 0des 5y agoAre you familiar with the industry this company is in? Right now they are printing money with the current economy. This is absolutely feasible.