My friend works here and is not getting their contract renewed. Luckily they knew it wasn’t getting renewed but it still sucks. They’ve loved working there.
If I’m interpreting the CEOs Post post correctly, the severance package is only applicable if your contract gets canceled prematurely or if you are being laid off. If your contract ends and is not renewed, all obligations are fulfilled, so there is no severance package since the contract simply ends. (Timel/Project based contract). I could be wrong though. It would make sense to have project or time-based contracts - these layoffs mainly affect the “permanent employees.”
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My friend works here and is not getting their contract renewed. Luckily they knew it wasn’t getting renewed but it still sucks. They’ve loved working there.
6 months severance isn’t half bad though, I hope they can find another job they’ll love within that time.
Their contract wasn’t ended as far as I know and would’ve been ending in about a month or so anyways.
If I’m interpreting the CEOs Post post correctly, the severance package is only applicable if your contract gets canceled prematurely or if you are being laid off. If your contract ends and is not renewed, all obligations are fulfilled, so there is no severance package since the contract simply ends. (Timel/Project based contract). I could be wrong though. It would make sense to have project or time-based contracts - these layoffs mainly affect the “permanent employees.”
Ah, that would suck then.
By the way, your account is tagged as a bot account which means anyone that has bots hidden won’t see your comments. Should probably change that.
Oh, thanks for the information sir! I forgot that I tried that option to see what would happen, now I know. xd