Remote InfoSec Jobs - GONE
Home Office InfoSec director, two team members, & others from the InfoSec group were let go this morning. Directors are booked with a series of short meetings throughout the day. No exact count yet, but multiple people were affected.
It’s confirmed that all remote InfoSec associates have been cut.
What does "90 days/severance begins" mean? Normally, severance starts on the day someone is let go.
they're giving you 90 days to find another role within the company. If you don’t land something by then, you’ll be officially laid off and receive your severance
It's a bit tricky, unless they've changed to rules in the last couple of days. While looking for placement in the company, "if" you are offered a position (even one for less money) and you do not accept it, you are no longer eligible for severance. If you do accept it, you are not immune to a future layoff, and you will not receive the previous severance offer.
I am affected, this allows time to explore internal roles. For those affected today, the official last day will be 08/21, followed by a lump sum severance payout determined by length of service.
what is the severance package looks like?
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Middle managers were laid off yesterday as part of a broader effort to flatten the organization.
Those affected are on 90 days' notice, with their final day set for 8/21 ....severance begins after that.