BuzzFeed has made a decision on unused paid time off for laid off employees
By MixDex Article may include affiliate links
After an open letter to company execs sparked controversy, BuzzFeed has announced it will pay employees for unused paid time off.
- Jonah Peretti, BuzzFeed’s founder and chief executive made the announcement via email.
- The announcement only affects those affected in last week’s round of layoffs, though the company says it is reviewing the policy.
- New York, where most BuzzFeed employees are based, does not require employers to pay for unused paid time off.
- BuzzFeed’s California staffers who were laid off were paid for unused time off as per that state’s laws.
- BuzzFeed announced it was cutting its workforce 15 percent last Friday.
- Employees reportedly received severance ranging from 10 to 16 weeks of pay, depending on a variety of factors.
- BuzzFeed workers were also granted health insurance through April.
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