David Peters, financial advisor and CPA, joined Cheddar News to break down exactly how employee buyouts work. HE described the method as a way for companies to cut payroll costs. "One of the things to consider is how long we think we're going to be without a job," he said. "That is going to help us to look at the deal that is being offered and help us decide if that's going to be the right thing for us."

Share:
More In Business
A.I. Investments Carry Amazon Over $2 Trillion Valuation Threshold
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
Load More