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Highlights from TownHall CEO taking 98% pay cut Execs taking 20% pay cut
Severance: Up to 16 weeks’ salary and healthcare coverage
• Payment of your earned FY’23 annual bonus based on company performance
• RSU and stock option vesting for 6 months for US employees and through August
That's a pretty nice severance tbh.
Sometimes you wonder what a company that’s pure software with just one product was doing with 8K+ employees
Heard from a friend that their team is seeing possible layoffs of 30-40% of people. Is this credible across smallcase or just their team?