IXL Learning laid off nearly all of education.com's San Mateo staff, after recently acquiring the company in Nov. They did this when IXL is losing money and education.com's revenue is up 8x. The reasoning was "incompatible delivery approach" since IXL is super hierarchical and controlled by its CEO and COO. Laid-off employees over Zoom, and revoked email/slack during the call so people, like designers, couldn't gather assets for their portfolios. They also only offered two months severance and health insurance cut at the end of the month. #layoff #severance #edtech
2 months of severance? That's better than most companies. nothing to sneer at
They were boarding on breaking the WARN act, where 2month pay is required when doing mass layoff, so my guess is they did they to cover themselves legally.
Sorry to hear that, the higher-up use the same pattern on lay-off all the time. My ex-coworkers experienced same event last year. Lots engineers got upset by that move and left, I’m also one of them. How many employees were laid off?
Pretty bad. Someone should keep track of how all these companies are handling layoffs, so we can know who are the good employers and the bad