Confirmed from my colleague in inhumane HR that they are in full gear for the November 6’st layoff season. TK is squirming with joy like a mad baron harkonnen since he won’t have to provide any severance to the dopes that stuck with shitrix in hopes of getting a loyalty severance.
Guess what, the severance will be a rotten egg and a handshake for your loyalty, no money. ha Ha Ha to all you hapless id--ts that stuck it out.
No praying will help, judgement day is upon you…
7 replies (most recent on top)
alot less but something. Tech space in general is under fire.
Outstanding. TK continues the Rick legacy of anguish and misery with the regular layoffs.
Who is left to layoff? Thought the company was basically bones on a soggy skeleton
Code name: operation make TK rich.
What’s the code name for it?
If I had to guess at the severance policy after September 30, I'd guess 4-6 weeks for everyone. Every penny given to a laid off employee is less money for investors. They aren't going to feel bad.
**This prediction is based on nothing and should be given no weight.
Maybe in America, but the rest of the World has employments laws that CSG are obliged to pay.
It was all in the merger agreement which can be found on the SEC site. CSG was obligated to honor the old severance agreements for one year past the merger closing date (September 30.) After that, who knows what it will be, but it will almost certainly be a LOT less.