Come on, someone has to share the details. The zoom calls should all be done by now...
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"2 weeks for 1st year
1 week for every year after.
Bonus included. "
False. Who are you? CNN?
It's been a bloodbath in tech the last 18 months:
Tom Louse and his team of crusty vapid cronies whose time will come too, have added to the pile of corpses
Amazon: 16,080 roles
Alphabet (Google's parent company): 12,000 roles
Microsoft: 11,158 roles
Meta (Facebook's parent company): 10,000 roles
Other Notable Tech Companies Layoffs
Zulily: More than 500 employees after closing fulfillment centers
D2iQ: Shutting down operations, selling assets to Nutanix
Atmosphere: Large part of the workforce reportedly eliminated
Tidal: More than 10% of its staff
ZestMoney: Shutting down operations
Navan: Cutting about 145 roles
Incredibuild: 20% of its workforce
Bill: Around 15% of its workforce
CourseHero: 23 employees across various departments
Pivo: Shut down operations
Twilio: Hundreds of job cuts, 5% of the company’s workforce
Spotify: About 1,500 jobs
Bending Spoons: Entire staff of Filmic
Zepz: Cut 30 roles
Domo: Reductions to 7% of staff
Mojo: 20% of its staff
Loco: Workforce cut by about 36%
Unity: 265 workers
Tier Mobility: Roughly 22% of its staff
Dataminr: About 20% of its staff
Multiverse: Nearly a third of their U.S. staff
ONE: Around 25% of the workforce
ByteDance: Mass layoffs in the gaming department, Nuverse
Veev: Closing up shop after reaching unicorn status
Tulip: 25 employees
Anar: Shutting down operations
Alerzo: 100 workers
C3.ai: Job cuts across departments
Jodo: Around 100 roles across various departments
Amazon (Alexa division): “Several hundred” employees
FreshBooks: 6% of their workforce
Most of the companies listed offered between 4-6 weeks, Twitter (not in the previous list, but notable): Offered three months of severance pay to affected employees.
Meta (Facebook's parent company): Provided 16 weeks of base pay plus two additional weeks for every year of service, with no cap.
Microsoft: Included a severance pay package, six months of healthcare coverage, six months of stock vesting, and career transition services.
Salesforce: Offered a minimum of nearly five months of pay, health benefits, and career resources.
Florida is a right to work state so no unemployment lol.
TK is a CUUNT
“2 weeks for 1st year
1 week for every year after.
Bonus included.”
False. Who are you? Foxnews?
2 weeks for 1st year
1 week for every year after.
Bonus included.
If you're in the U.S. , assume you will lose at least 22% to taxes, more if you have state tax.
It is a good question. And yes, those left behind care, because they may be in the next round, and would benefit knowing what CSG does for those it lets go. So for the smart@ss that asks "why do you care?", well there is legitimate reason to ask. We all need to help each other, whether we're still around, and especially for those let go. Be nice.
Why do you care? If you still have a job, good for you. If you've been let go, why ask? A little compassion for those who lost their income and health insurance goes a long way.
It is a number; I have no idea of what it is made up of. Not bad but not great. And everyone's is probably a bit different. But it is better than I expected knowing this company's leadership and owners.