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Separated employees will receive 14 weeks of pay, and one more week for each year served at the company (rounding partial years up). The firm is also dropping its one-year equity cliff so that employees who are laid off with under 12 months of tenure can buy their vested options; Airbnb will also provide 12 months of health insurance through COBRA in the United States, and health care coverage through 2020 in the res…
The most famous unicorn bleeds today.
A lot of tech is getting hit, it seems like Airbnb is more in the spotlight
Edit: It seems people are under the impression that because you have lots of technology that is required to run your company you are a technology company. I don't believe that to be true in this day and age, tire distributors probably have more technology requirements then AirBnB does but we don't consider them tech companies. By the same token I wouldn't consider Expedia/Travelocity etc to be tech companies either the use tech to provide a service.
Very optimistic. They should be happy to get around 25% of 2019 totals.
They are definitely doing right by their employees, which is commendable.