TechSlashdot1h ago
Customer-Losing Flock Now Offers Buyouts to Avoid Laying Off Employees
TL;DRSecurity camera startup Flock Safety offering voluntary buyouts instead of layoffs.
Why it matters: Shows how cash-strapped startups manage downturns; signals potential market struggles in physical security space.
Mashable writes: Flock Safety offered employees voluntary buyouts on Friday, WIRED reported... Without the buyouts, those familiar with the situation suspect the company would have to lay off some of its 1,500 employees. WIRED writes that people familiar with the program "say…
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