Thread regarding Web.com Group Inc. layoffs

Now what?

I'm just curious what the plans for the future are. The dust has settled a little after the huge culling and what I'm seeing makes no sense. Why were all those people let go? Some of our best are gone. Whole departments decimated. It's clear that instructions for this came from outside of the company. I guess this is what happens when a tech company is acquired by a private equity firm.

Don't even get me started on the severance. It's like they are hoping the rest of us will also pack up and leave on our own since there is no incentive to stay and hope for a good severance package.

Really dark days for Web.com.

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| 1471 views | | 4 replies (last May 20, 2019) | Reply
Post ID: @OP+XG96lfT

4 replies (most recent on top)

Know of 2 people who got 2 wks for every year employed - one was over 8 yrs, another 5 yrs.

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Post ID: @1tjyx+XG96lfT

Does anyone actually know what the severance was? Some have said 2 weeks for every year. Others had been there over 10 years and got 6 weeks, then I heard some got 2 month plus 2 weeks for every year.

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Post ID: @4dun+XG96lfT

Web will be gone in less than 2 years. Look for them to sell each of the remaining components of their business (Acquisio & Domains first). Remaining leadership are puppets who's strings will be cut very very soon.

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Post ID: @1pxh+XG96lfT

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