This startup plans to save companies from ‘job cut pains’, but why it may not really help employees
As Big Tech, unicorns and startups lay off employees across the spectrum amid the economic downturn, here comes a startup that is offering layoff support, making the firing process smooth, strategic and as ‘humanely’ as possible.
US-based startup Continuum charges services for layoff support depending upon the number of employees that the company has, TechCrunch reported.
For startups with 20 to 100 full-time employees, it would charge a one-time fee of $10,000 to lay off any number of workers.
‘If a startup is between 100 to 250 full-time employees, any workforce reduction will cost $20,000,’ the report mentioned.
With the layoff support, each startup gets one hour of consultation for free, and then pay accordingly the size of the current headcount.