I Figured any layoffs related to selling the company would be held off till Aug 4 like announced in the WARN notice, guess that’s not the case?
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Brutal. Some of these people have been there for decades. You can’t trust these corps - you need to look out for yourself and act accordingly. Hanging on and hoping for the best is a bigger risk than bailing for a new role.
@am Great, thank you for sharing! Was not aware of the update to severance policy.
They did a partial layoff today. Directors, Supervisors and Salespeople were affected by this. Monster changed its severance policy in May and today offered two weeks severance and a stipend to cover employees Cobra until the end of June (7 days).