En Bloc Employee Termination

Client Industry: Video streaming
Time: 3 weeks

Background

A leading video streaming platform in India engaged us to handle the en bloc termination of 57 full-time employees.

Scope and Approach

Given the time constraints around the company’s need for cost-cutting, we assisted the company in reviewing its personnel and HR policies, employment agreements and employee stock option plans to ultimately draft mutual separation agreements in respect of, and manage the final payments to, the 57 employees

Value Delivered

We enabled the company to achieve its cost- cutting objectives as part of its overall strategy to reduce operations due to financial constraints.

Unternehmensstruktur mit Frau an der Spitze