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@Techmeme@techhub.social
2026-09-17 05:02:47

Docs: Automattic interim CEO Mark Davies and CLO Andy Missan signed each other's severance packages worth $8.15M during Matt Mullenweg's brief ouster as CEO (Sarah Perez/TechCrunch)
techcrunch.com/2026/09/16/auto

Automattic's interim CEO and legal chief signed reciprocal severance deals during Mullenweg's brief ouster | TechCrunch
CFO Mark Davies and legal chief Andy Missan signed each other’s severance agreements while Matt Mullenweg was on leave, providing a year of salary and additional equity vesting if their departures qualify for the benefits.

@Techmeme@techhub.social
2026-07-17 10:01:23

The Alphabet Workers Union sends a layoff protection petition with 4,500 signatures to Sundar Pichai, calling for guaranteed severance and buyout options (Sanya Mansoor/The Guardian)
theguardian.com/technology/202

Thousands of Google workers demand layoff protections amid AI boom in petition to CEO
The petition to Sundar Pichai, the CEO, included more than 4,500 signatures and included calls for buyout options

@doktrock@toad.social
2026-08-27 13:52:39

University of Glasgow: "a series of cuts which sources said were "much bleaker than anyone thought"."
heraldscotland.com/news/265003

University of Glasgow jobs 'may be affected by restructuring'
The University of Glasgow has stressed that any redundancies will be exclusively voluntary after details of the severance scheme were seen by The…

@Techmeme@techhub.social
2026-07-29 20:28:35

Meta reports $2.4B in charges related to legal proceedings in Q2 and $1.18B in severance expenses in connection with the May 2026 layoff of about 8,000 staff (Todd Spangler/Variety)
variety.com/2026/digital/news/

Meta Hit With $2.4 Billion Charge for Legal Proceedings in Q2, Revenue Booms 28% to Over $60 Billion
Meta continues to post soaring revenue, but the Mark Zuckerberg-led company took a big hit in the second quarter of 2026 related to legal proceedings.

@memeorandum@universeodon.com
2026-08-30 15:55:33

A trans veteran became homeless after the military didn't pay her severance (Casey Parks/Washington Post)
washingtonpost.com/nation/2026
memeorandum.com/260830/p30#a26

@servelan@newsie.social
2026-07-27 19:28:47

"The lawsuit claims the former ‘Harry Potter’ visual effects supervisor was stripped of his $1.1M-a-year position and denied a year's worth of severance pay following his dismissal"
Fired Netflix exec sues company after revealing during ‘trust exercise’ that he took medically-prescribed ketamine | The Independent
independent.co.uk/news/world/a