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Restructuring Announcement

(automattic.com)
261 points markx2 | 1 comments | 02 Apr 25 18:34 UTC | HN request time: 0.191s | source
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anthomtb ◴[02 Apr 25 19:30 UTC] No.43560568[source]▶
> This restructuring will result in an approximately 16% workforce reduction

Probably the most salient detail for non-Automattic employees. Everything else was generic fluff.

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blatantly ◴[02 Apr 25 19:57 UTC] No.43560843[source]▶
Plus severance will be paid but didn't say how much.

I was thinking this is a boilerplate firing email though!

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duskwuff ◴[02 Apr 25 20:11 UTC] No.43560977[source]▶
I wonder if it's better or worse than the voluntary termination deal they offered to employees last year (first 6 months, then 9 months pay).
replies(2): >>43562769 #>>43562920 #
beaucollins ◴[02 Apr 25 23:17 UTC] No.43562920[source]▶
It’s worse. Max I’m seeing is 9 weeks.
replies(1): >>43565201 #
1. duskwuff ◴[03 Apr 25 05:41 UTC] No.43565201[source]▶
Yikes. Meanwhile, the people who took the buyout last year got 6 months (or 9 if they waited for the second round).