It’s great that they have set a March 1 termination date for those on visas. And the severance and stock vesting are also reasonable. Not to mention the fact that health insurance continues for quite a bit longer and then goes into Cobra.
The verbiage is standard PR pap but the actual actions are quite very considerate.
However, what actual responsibility are the CEOs taking after hiring like crazy knowing fully well that the pandemic exuberance and stimulus wasn’t going to keep the recession away, only delay it? I’m sure competitive pressure was part of the reason for the overhiring but it’s still not the whole story.
The verbiage is standard PR pap but the actual actions are quite very considerate.
However, what actual responsibility are the CEOs taking after hiring like crazy knowing fully well that the pandemic exuberance and stimulus wasn’t going to keep the recession away, only delay it? I’m sure competitive pressure was part of the reason for the overhiring but it’s still not the whole story.