4 ms·

Probably don't want the bad PR from doing layoffs before Christmas.

• qqqwerty 3y ago
  FWIW, severance is usually a lump sum, so it absolutely benefits the employees to wait until the new year because the severance will likely get taxed at a lower tax bracket.
  • gambiting 3y ago
    Doesn't tax year run April to April where you live? That's the case in the UK, so it would have made absolutely no difference to how it's taxed.
    • disgruntledphd2 3y ago
      That's just a weird UK thing I think.