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You Searched For "severance packages of CEOs" and got 20 results


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2 mins read

Elon Musk apologized for 'incorrectly low' Tesla severance packages

The Tesla CEO told workers in an email that the mistakes were "being corrected immediately."

Jyoti Mann   


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3 mins read

What is Elon Musk's net worth? Find out the wealth of the Tesla, SpaceX CEO

Elon Musk's net worth of $264 billion makes him the world's richest person. His wealth is closely t…

Grace Dean,Ana Altchek   


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2 mins read

Salesforce to close Portland office, asks employees to relocate or take severance

Salesforce is closing its office in Hillsboro, Oregon and asking employees to relocate or take a se…

Ellen Thomas   


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4 mins read

Dropbox lays off 20% of employees and joins Big Tech's flattening trend. Read CEO Drew Houston's memo.

Dropbox's CEO cited external factors and "excess layers of management slowing us down" when announc…

Jaures Yip   


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2 mins read

Tesla board chair explains what could happen if Elon Musk's pay package is rejected

A new plan could cost shareholders, and there's always the chance Elon Musk could sue Tesla.

Ana Altchek   


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2 mins read

Elon Musk Pay Package: Why Tesla proposes a $55 billion compensation plan for its boss

Tesla says Elon Musk's pay package is a "matter of fundamental fairness and respect to our CEO."

Grace Kay   


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6 mins read

Satya Nadella's career rise, from computer science student to turning Microsoft into a $3 trillion titan as CEO

Satya Nadella has been running Microsoft for a decade. Here's how the company became a $3 trillion …

Sarah Jackson,Polly Thompson,…   


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7 mins read

The rise of Airbnb CEO Brian Chesky, who overcame the COVID-19 travel slump and is now leading the company through rental crackdowns

Brian Chesky, Airbnb's 43-year-old cofounder, had an unconventional path to Silicon Valley. Now his…

Jordan Hart,Dan Latu,Avery Ha…   


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2 mins read

Starbucks' new CEO is set to make up to $113 million — the average total pay for a barista is $49,000

Brian Niccol is set to get up to $113 million in compensation as Starbucks' CEO, most of it in stoc…

Alex Bitter   


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3 mins read

The battle over Elon Musk's pay package is a showdown between his army of supporters and institutional investors

Mark your calendars. June 13 is the day of Tesla's annual shareholder meeting, where Elon Musk's pa…

Grace Kay   


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3 mins read

Elon Musk is mad at one of Tesla's biggest investors for saying it's voting against his pay package

Tesla is facing increasing pushback from investors regarding its bid to reinstate Elon Musk's $55 b…

Grace Kay   


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1 min read

Short-seller Jim Chanos warns of 2021-style market mania — and says Elon Musk should get his mammoth pay package

Jim Chanos flagged the resurgence of meme stocks such as GameStop as dangerous, and said Tesla shou…

Theron Mohamed   


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3 mins read

Some Tesla shareholders say diverting Nvidia chips is further proof that Elon Musk doesn't deserve a multibillion-dollar pay package

Tesla shareholders say the Nvidia chip delivery delay is more proof that Elon Musk doesn't deserve …

Lloyd Lee   


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1 min read

The US may already be in recession as job cuts accelerate, research CEO says

The ongoing recession may have been triggered way back in October 2023, says Danielle DiMartino Boo…

Filip De Mott   


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11 mins read

Elon Musk lawsuits: All the biggest cases and investigations facing Tesla, SpaceX, and the billionaire CEO himself

Elon Musk and his companies Telsa, SpaceX, and X face numerous lawsuits and investigations. He's al…

Grace Kay,Jacob Shamsian,Nata…   


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2 mins read

Here's what laid-off Meta employees in the US are being offered as severance packages

As Meta lays off 11,000 employees, its US severance package includes around four months of base pay…

Pete Syme   


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2 mins read

Tesla has begun sending out severance info to laid-off workers. Here's how much they're getting.

Five former workers told Business Insider that Tesla's severance offer included two months' pay.

Grace Kay   


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1 min read

Some laid-off staff at Google's Irish office could be given severance packages worth $320,000, report says

According to the Sunday Times newspaper, staff being laid off in Ireland will get six weeks severan…

Sawdah Bhaimiya   


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2 mins read

Tesla sends some laid-off workers new severance offers after Elon Musk said some were 'incorrectly low' the first time

The new severance offers Tesla sent some workers included higher pay and extra health insurance cov…

Grace Kay   


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4 mins read

I was laid off from Lyft and given 10 weeks of severance. Here's exactly how I used the money to launch me to something better.

This former Lyft employee was laid off and invested her severance package into career coaching, sta…

Robin Madell