Dossier
severance packages
Coverage of severance packages in the Nexus archive.
- Rivian trims its workforce as the EV maker pursues profitable growth
Rivian is cutting less than 2% of its workforce, primarily in sales and marketing teams, as it focuses on achieving profitability. The layoffs coincide with the launch of its R2 midsize SUV, a critical product for the company's growth strategy. Affected employees are eligible for rehire, severance packages, and career-transition services.
- ‘We’re Just Getting the Crumbs Here’: Contractors Protest Layoffs at Meta’s European Headquarters
Meta contractors at the company’s European headquarters are protesting layoffs, claiming they receive less generous severance packages compared to full-time employees. The contractors argue they are being treated differently than Mark Zuckerberg’s full-time staff.