Automattic offered employees another chance to quit — this time with nine months’ severance
Automattic CEO Matt Mullenweg extended a nine-month severance package offer to employees who quit immediately, following a previous six-month offer accepted by 159 employees.
MAIN POINTS
- Automattic initially offered a six-month severance package to employees.
- 159 employees accepted the initial severance offer.
- A new nine-month severance package was offered for immediate resignation.
- Employees had only four hours to decide on the new offer.
TAKEAWAYS
- Automattic is actively restructuring its workforce through severance incentives.
- The quick decision window suggests urgency in the company's strategy.
- The increased severance offer may indicate a need to reduce staff rapidly.
- Employee response to severance offers reflects significant organizational changes.