Gotta get creative with your layoffs when you already did massive layoffs but still need to please wall street.

    • @scarabic@lemmy.world
      link
      fedilink
      English
      92 months ago

      It’s hardly like getting fired is a ticket to a 6 month vacation. Misuse of funds like this is tantamount to theft and probably grounds to disqualify you from unemployment benefits. And anyway for these highly paid workers, unemployment is a tiny fraction of what they are accustomed to making. It’s a tough job market out there and Meta laid off another 9,000 this week so it’s a smart move to start job hunting the second you’re unemployed. I know people who have not found work after 1 year. A vacation? Shyeah no.

      • @sugar_in_your_tea@sh.itjust.works
        link
        fedilink
        English
        72 months ago

        Exactly. I lost my job during COVID and fortunately the unemployment office found that my “contract position” was actually an illegal “full-time position” and I qualified for benefits. But the benefits were a fraction of my regular salary, even with the increased COVID-era unemployment benefits. It was enough to live on (I was already frugal), but I was certainly motivated to find new work.

        I was “fired” because “my job had been eliminated.” Had I been fired for misconduct, I wouldn’t have gotten any unemployment benefits.

        Meta is doing it this way to cut workforce without having to pay severance or unemployment, not because they really care about that $25.

      • @ravhall@discuss.online
        link
        fedilink
        English
        12 months ago

        My state would pay them $4400/m for 6 months, assuming they meet the minimum requirements of applying to jobs. And, since it’s a rough market out there, 6 months isn’t really unreasonable.

    • @shalafi@lemmy.world
      link
      fedilink
      English
      22 months ago

      I’m getting unemployment right now. It’s 1/6th of my former pay, zero benefits. Oh, and the max benefit is a total of 2 weeks of former pay.

    • sunzu2
      link
      fedilink
      12 months ago

      If they were fired for cause such mis using company funds… No UI

      • Steve
        link
        fedilink
        English
        32 months ago

        They can argue against the employer’s claim and prove they weren’t fired for cause. My former employer lied to unemployment and and it worked in my favor. Either way they can appeal a decision and should start consulting attorneys immediately.

        • sunzu2
          link
          fedilink
          -12 months ago

          If they documented the firing properly, they will send it to UI office. Everytime.

          If this was not a firing but just, you did this and we are dismisisng you. Then yes they won’t bother.

          Based on how this went down, looks like meta would be documenting it. Otherwise there wouldn’t be a headline