Citing revenue declines, Airbnb cuts 25% of workforce

Re:Citing revenue declines, Airbnb cuts 25% of workforce by wolco on Tuesday May 05, 2020 @08:30PM (#23086689)

Under the rules you live in you are not.

Why is it a good idea?

Employees less likely to leave without notice.

Employees stay longer because the safety net grows.

Less likely to speak poorly about you after leaving

More secure in their job. More emotional invested.

What are your reasons for not? Even if google stops selling at home they will keep the server alive for a grace period.

I had a friend who ran a bitcoin market. When the market shutdown he was responsible for customer records for 7 years and had to pay a company to secure access in case of requests.

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Re:Citing revenue declines, Airbnb cuts 25% of workforce by eru on Tuesday May 05, 2020 @09:17PM (#23086991)

Those are all good arguments for voluntarily paying for severance, or to agreeing to such a payment upfront in the employment contract.

But they are no reason to legally require severance pay.

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Re:Citing revenue declines, Airbnb cuts 25% of workforce by wolco on Tuesday May 05, 2020 @09:31PM (#23087074)

I agree completely unless required by law.

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Re:Citing revenue declines, Airbnb cuts 25% of workforce by eru on Wednesday May 06, 2020 @12:33AM (#23087922)

Oh, I meant that we shouldn't have such a law.

Voluntary severance payment and contractually agreed ones are fine, if people want those.

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