Wells Fargo CEO expects severance expenses to exceed $750 million
By Nupur Anand NEW YORK (Reuters) – Wells Fargo CEO Charlie Scharf told investors on Tuesday he expects to book higher-than-anticipated severance expenses between $750 million to a little less than $1…
New law would require more severance pay from employers during mass layoffs in New Jersey
TRENTON, NJ – Running a business in New Jersey is hard, but during hard times, such as forced government closures as a result of future possible health emergencies, shutting a failing business…
Twitter says lawsuit over layoffs lacks merit and has delayed severance pay
By Daniel Wiessner (Reuters) – Twitter Inc has told a federal judge in San Francisco that a lawsuit claiming the company violated U.S. law by laying off thousands of workers without notice…
Musk tells Twitter staff: Opt in for ‘intensity’ or take severance
By Hyunjoo Jin and Fanny Potkin (Reuters) -Elon Musk sent a message to Twitter Inc staff telling them they had until Thursday to decide whether they wanted to stay on at the…
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