Almost 100 people laid off as a whole division was closed down. Informed 1/12/18 and effective 3/15/18.
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Standard means golden parachutes for officers and peanuts for the minions. The whole dept clear out is extreme. They could have just trimmed the top layer of uber comp’d fatheads. They did not work a full day EVER, so the new suggestion of no early leavers is going to force some to work their first full day in years.
it seems to be all teams supporting Direct. The marketing team that supports direct was gone too. I think it's mostly in Charlotte, but there's likely others that are gone too.
packages are standard but have to stay employeed until 3/15... can't leave early.. which is not cool.
Is this in N.C. only? Or is it in other offices? Partners? Or just the Direct team as it remained (barebones).
What's the package like?