Re:Stripe Layoff 14% of Workforce
by zjaffee on Thursday November 03, 2022 @12:18PM
(#33453329)
They're only paying this much severance because 90 percent of it is legally obligated by the state of California, where the vast majority of their employees work.
60 work days must be paid out, which is 12 weeks of work. So essentially they're giving people only an extra 2 weeks of severance to sign away their right to a wrongful termination lawsuit.
60 work days must be paid out, which is 12 weeks of work. So essentially they're giving people only an extra 2 weeks of severance to sign away their right to a wrongful termination lawsuit.