Twitter Layoff Started Today
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Twitter Layoff Started Today
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Re: Twitter Layoff Started Today
#2“ many of these folks won’t be able to sell the shares they earned.
The money they need pay bills and keep them afloat if and until they get new employment.
When severance ends, that’s it.”
It’s Twitter’s responsibility to not only offer severance, but make sure employees keep an emergency fund?
Re: Twitter Layoff Started Today
#3“ many of these folks won’t be able to sell the shares they earned. The money they need pay bills and keep them afloat if and until they get new employment. When severance ends, that’s it.” It’s Twitter’s responsibility to not only offer severance, but make sure employees keep an emergency fund?
sucks being like the normies, don't it?
Re: Twitter Layoff Started Today
#4“ many of these folks won’t be able to sell the shares they earned. The money they need pay bills and keep them afloat if and until they get new employment. When severance ends, that’s it.” It’s Twitter’s responsibility to not only offer severance, but make sure employees keep an emergency fund?
Twitter employees are well-compensated with base salary, and generally highly skilled. They're going to be fine, who wouldn't want to hire ex-twitter? The job market is still hot for techies.
The writing has been on the wall since Mollusk started chasing the purchase.
Re: Twitter Layoff Started Today
#5“ many of these folks won’t be able to sell the shares they earned. The money they need pay bills and keep them afloat if and until they get new employment. When severance ends, that’s it.” It’s Twitter’s responsibility to not only offer severance, but make sure employees keep an emergency fund?
Seriously. I wouldn’t be surprised if the lowest total comp was in excess of $200k/year. If you can’t have 6 months in cash sitting in a high yield savings account on that, there’s no amount of severance that will help you.
Re: Twitter Layoff Started Today
#6“ many of these folks won’t be able to sell the shares they earned. The money they need pay bills and keep them afloat if and until they get new employment. When severance ends, that’s it.” It’s Twitter’s responsibility to not only offer severance, but make sure employees keep an emergency fund?
sucks being like the normies, don't it?
Seriously. They are working for a huge name-brand tech employer, and have the best chance of getting a new job (see the LinkedIn replies), but oh yeah, if they run out of severance, and have no emergency fund (because reasons), and their shares are temporarily locked up, whatever will they do? Take out a 401k loan like a plebe?
Re: Twitter Layoff Started Today
#7“ many of these folks won’t be able to sell the shares they earned. The money they need pay bills and keep them afloat if and until they get new employment. When severance ends, that’s it.” It’s Twitter’s responsibility to not only offer severance, but make sure employees keep an emergency fund?
Twitter employees are well-compensated with base salary, and generally highly skilled. They're going to be fine, who wouldn't want to hire ex-twitter? The job market is still hot for techies. The writing has been on the wall since Mollusk started chasing the purchase.
Job market is definitely not "hot". I think there are still jobs out there but lots of companies are tightening up severely.
Re: Twitter Layoff Started Today
#8“ many of these folks won’t be able to sell the shares they earned. The money they need pay bills and keep them afloat if and until they get new employment. When severance ends, that’s it.” It’s Twitter’s responsibility to not only offer severance, but make sure employees keep an emergency fund?
Seriously. I wouldn’t be surprised if the lowest total comp was in excess of $200k/year. If you can’t have 6 months in cash sitting in a high yield savings account on that, there’s no amount of severance that will help you.
Is it surprising that highly compensated employees also value security and other benefits?
Re: Twitter Layoff Started Today
#9“ many of these folks won’t be able to sell the shares they earned. The money they need pay bills and keep them afloat if and until they get new employment. When severance ends, that’s it.” It’s Twitter’s responsibility to not only offer severance, but make sure employees keep an emergency fund?
> The money they need pay bills and keep them afloat if and until they get new employment.
How will these people that were making well into six figures possibly survive?
Re: Twitter Layoff Started Today
#10Earlier quoted context omitted.
Seriously. I wouldn’t be surprised if the lowest total comp was in excess of $200k/year. If you can’t have 6 months in cash sitting in a high yield savings account on that, there’s no amount of severance that will help you.
Is it surprising that highly compensated employees also value security and other benefits?
Then the writing was on the wall for months, but actually years