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> About 350 of the 700 people that work for CNN+ will be laid off with pay and benefits for the next 90 days. After that, any employee that doesn't find a new r
by jmull 5y ago
> About 350 of the 700 people that work for CNN+ will be laid off with pay and benefits for the next 90 days. After that, any employee that doesn't find a new role with the network will be granted at least six months' severance.
That sounds pretty good.
At least the people who are most affected by the poor leadership and decision-making are getting a decent chance to land on their feet.
- deleted 5y ago[deleted]
- chasd00 5y ago9 months of pay to find a new job? That’s a little more than “decent chance” to me. That sounds more like 6 months PTO then 3 months of actual job searching.
- olyjohn 5y agoWhat are you saying? That they should have given people less severance?
- _fat_santa 5y agoI think what they are saying is the incentive structure makes it advantageous to not find a job. If they tell you "90 days of severance and if you don't find a job by then, here's an additional 6 months of severance", there's suddenly a huge incentive for you to not find a new job in the initial 90 days.