Tag: severance

A Severance Package Is The Ultimate Catalyst For Early Retirement

Retiring early with a severance package is one of the smartest ways to leave the corporate world. Walking away without trying to secure one could leave tens of thousands, or even millions, on the table. I also believe that retiring early is better than retiring rich. For those who choose my preferred retirement path, negotiating [...]read moreA Severance Package Is The Ultimate Catalyst For Early Retirement

Here’s How Much Severance Laid Off Tesla Workers Are Getting

Tesla cut 10 percent of its workforce a few weeks ago, and now we’re getting a better look at what sort of severance package its recently laid-off workers are getting. CEO Elon Musk sent an email to impacted employees late at night on April 14 letting them know they were immediately terminated and cut out [...]read moreHere’s How Much Severance Laid Off Tesla Workers Are Getting

Tesla is sending out severance info to laid-off workers. Here’s how much they’re getting

Tesla started sending out severance information to laid-off employees overnight.Karol Serewis/SOPA Images/LightRocket via Getty Images; Chelsea Jia Feng/BI Tesla has begun sending severance information to laid-off staff. The severance offered includes two months’ pay and health insurance, five former workers told BI. On Sunday, Elon Musk told Tesla staff he was cutting more than 10% [...]read moreTesla is sending out severance info to laid-off workers. Here’s how much they’re getting