Flock Offers Voluntary Severance Amid Customer Backlash
Flock Safety, facing customer backlash and loss of contracts, has rolled out a voluntary severance program for its employees. The company, which specializes in license plate readers and surveillance software, is offering generous packages to workers who choose to leave, including months of healthcare coverage and stock option exercises. The deadline for applications is October 2, with acceptances to be announced by October 9, and departing employees expected to leave by October 29. Without these buyouts, Flock would likely face layoffs due to reduced revenue from lost contracts and increased expenses from vandalism.5 sourcesSee all sources