Does severance come out of a managers budget? If so, what if they didn’t budget enough $$ for severance (they layoff more people than originally predicted)?
5 replies (most recent on top)
No
The layoff expense is being mitigated through firing and quitting out of misery.
Shart and baby face CFO talk about this every earnings call. Is this a serious question?
lob pays I thought
They aren't. In fact, they told a lot of LOBs to pull back on severance events for 2026. The layoffs that have occured and will were already budgeted.