Re:Carta lays off 10% of the workforce
by pjdemers on Wednesday January 11, 2023 @01:06PM
(#34341977)
If you are still on the payroll, the company is committed to paying you, which means they don't get to recognize (accounting-wise) the cost savings of letting you go. They could convert you to a temporary FTE, but that doesn't help your visa. Severance and other costs of letting people go are recognized as soon as the employee walks out the door.
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