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Do Recent Startup Devaluations Signal Tech Market Trouble?

Intoo USA

But in the past few weeks that fantasy hit a few snags with news of devaluations of prominent tech unicorns, including social messaging app, Snapchat , and HR benefits startup, Zenefits. . According to the WSJ, Zenefits has cut employee salaries and curbed employee benefits.

Zenefits 130
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Do Recent Startup Devaluations Signal Tech Market Trouble?

Intoo USA

But in the past few weeks that fantasy hit a few snags with news of devaluations of prominent tech unicorns, including social messaging app, Snapchat , and HR benefits startup, Zenefits. . According to the WSJ, Zenefits has cut employee salaries and curbed employee benefits.

Zenefits 100
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How to Professionally and Legally Terminate an Employee in 2022

Zenefits

This means employers may legally fire employees without cause, as long as the reason isn’t based on discrimination. Enlist someone from the HR team, as well as the manager or person who will be letting the employee go. Ask for the former employee’s: Equipment and tools. Set up a private meeting. Get company property back.