25 Jun 08 Buyouts 2.0

In an interesting twist, William M. Hartnett of the Palm Beach Post has been Twittering his buyout meeting.

Some highlights:

- No details yet on layoff severance package if buyouts don’t meet job cut goals. Just “less generous.” 9 minutes ago from web
- Guy in front row is staring at the ceiling. 7 minutes ago from web
- Separation pay taxed at normal rate, unless received as lump sum. 13 minutes ago from web
- They’ll be “exited” that day. Sounds menacing. 15 minutes ago from web
- Last day for buyout recipients: Tuesday, Aug. 12 16 minutes ago from web
- Max 52 weeks, for those here more than 26 years. 20 minutes ago from web
- Not quite enough for that yacht I was hoping to get. 22 minutes ago from web
- Two weeks of pay and benefits for every year of service. 23 minutes ago from web

What’s funny about this, and what so many others are doing right now, is that for once everyone has no fear about what they are putting online. The general consensus seems to be, “What are you going to do, fire me?”

Tags: buyouts, news business, twitter