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Yeah forget the parachute, we're in a thread about Twitter not paying severance. The former CEO and management team also didn't get what they're owed by contrac
by 3cats-in-a-coat 3y ago
Yeah forget the parachute, we're in a thread about Twitter not paying severance. The former CEO and management team also didn't get what they're owed by contract (i.e. their "golden parachute").
- rsynnott 3y agoIf I was her, I’d have insisted on the severance payout being held in escrow, under the circumstances.
- throwaway5959 3y agoWhy is that just allowed? If you have enough money you can just not pay your bills?
- 3cats-in-a-coat 3y agoWell, I wanted to elaborate why this is an oversimplification, but... basically yes. Relevant: https://news.ycombinator.com/item?id=36702351 https://news.ycombinator.com/item?id=36702351
- jmye 3y agoI should’ve been clear in what I meant - her parachute should all be up front and in her account by month 3. Because you’re totally right, otherwise.