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by boolcow
2230 days ago
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What severance is being offered to the employees being laid off? Is it up to the high ethical standard set by Airbnb? Separated [Airbnb] 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 rest of the world. |
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