Re:Twitter’s mass layoffs have begun
by martin8412 on Friday November 04, 2022 @10:02AM
(#33466829)
Which is just hilarious. He can't do mass layoffs without 60 days notice as per WARN, so the idiot just bought another lawsuit against him.
Re:Twitter’s mass layoffs have begun
by s1artibartfast on Friday November 04, 2022 @10:05AM
(#33466886)
But he didn't violate WARN because the employees are getting severance.... The warn act is an either/or
Re:Twitter’s mass layoffs have begun
by martin8412 on Friday November 04, 2022 @10:41AM
(#33467501)
The lawsuit has already been filed against Twitter.
Re:Twitter’s mass layoffs have begun
by s1artibartfast on Friday November 04, 2022 @10:41AM
(#33467514)
Should be quite easy if it is about the warn act then. You can read it yourself or one of the many very easy summaries.
https://www.shouselaw.com/ca/labor/wrongful-termination/warn...
Right, isn't it basically 60 days notice or 60 days severance?
Re:Twitter’s mass layoffs have begun
by s1artibartfast on Friday November 04, 2022 @09:57AM
(#33466755)
However, that theory was proven false. Today is Friday and vesting was Tuesday.
I find it very odd that people keep mentioning it despite it not panning out, and not sure what to make of it.
Out of honest curiosity, what was your intent for bringing it up?
Re:Twitter’s mass layoffs have begun
by zimpenfish on Friday November 04, 2022 @03:49PM
(#33472762)
> I find it very odd that people keep mentioning it despite it not panning out, and not sure what to make of it.
Has anyone confirmed that the stock vests actually happened? Or did they get postponed whilst the layoffs where being organised? Haven't seen anything either way.
And I don't think it's that odd to consider that a man well known for flaunting the law would flaunt the law on this as well.
Re:Twitter’s mass layoffs have begun
by s1artibartfast on Friday November 04, 2022 @05:58PM
(#33474440)
I haven't seen any screenshots of pay stubs to verify it. Given that it was a conspiracy theory to begin with and there is no confirmation to follow up, my assumption is that no, it did not happen.
Elsewhere it has been announced that laid off employees are getting quite generous Severance packages, so this would be out of line with that.
One of the theories knocking around last week was that these layoffs are just before a stock vesting was to happen, presumably in an attempt to avoid paying them.