He could have paid each of the fired employees 100k for 10 years and still have several billion dollars left.
Comment on Today’s layoffs (Epic Games official post)
frank@sopuli.xyz 1 day ago
Since it’s a thing now, I should note that the layoffs aren’t related to AI. To the extent it improves productivity, we want to have as many awesome developers developing great content and tech as we can.
For example, in the U.S., they’ll receive paid coverage for 6 months. We’ll also accelerate their stock options vesting through January 2027 and extend equity exercise options for up to two years.
As much as I hate Epic, those are both better paragraphs than I expected. I feel for the people getting laid off, hopefully they land on their feet
Duke_Nukem_1990@feddit.org 23 hours ago
a_non_monotonic_function@lemmy.world 1 day ago
As far as severance goes there certainly worse.
frank@sopuli.xyz 1 day ago
In the US especially. It could be a cardboard box.
a_non_monotonic_function@lemmy.world 1 day ago
Could be a swift punch in the dick.