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For those of us that are not going to risk watching a video linked by a poster that joined today, could someone who has watched share the same of the company involved?
There already was a thread in the Current Events forum started an entire day before this thread was even created.
The severance package was better than anything I ever got.
Evidently they employed 6000 people in the mortgage business; most of them probably never went into an office.
Timing was bad, but they'll be paid until well into January.
The severance package was better than anything I ever got.
Evidently they employed 6000 people in the mortgage business; most of them probably never went into an office.
Timing was bad, but they'll be paid until well into January.
Four weeks of severance with a termination date of 12/7, hardly takes them well into January.
I do agree, however, the severance package wasn't bad.
I have no issue with the firing, but the manner was outrageous.
I'm not sure that conducting 900 individual exit meetings would have softened the blow. It seems somewhat impersonal, but I see it as acceptable due to the large number.
Maybe you would have preferred text messages? At least that would have been private.
Terminations should always be one on one meetings, in person IMO.
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