Re:Citing revenue declines, Airbnb cuts 25% of workforce
by londons_explore on Wednesday May 06, 2020 @03:59AM
(#23088819)
What incentive does an employer have to give a generous severence?
Sure, there is a slight PR benefit, and you have slightly more chance of rehiring those employees later maybe, but as a shareholder it really seems to be throwing money away unless the severance package was agreed upfront when the employee was first hired (ie. as an incentive to join the company).
Sure, there is a slight PR benefit, and you have slightly more chance of rehiring those employees later maybe, but as a shareholder it really seems to be throwing money away unless the severance package was agreed upfront when the employee was first hired (ie. as an incentive to join the company).