New York, N.Y. (May 1, 2020) – The Office and Professional Employees International Union (OPEIU) Local 153 members at Kickstarter voted tonight to ratify a lay-off agreement with the crowdfunding company after CEO Aziz Hasan announced sweeping layoffs of up to 45 percent of employees.
The agreement won by Kickstarter United (KSRU) members outlines a range of procedures negotiated by the elected bargaining committee to help members impacted by layoffs, including:
- Four months of severance pay for all laid-off employees;
- Four months of continued healthcare coverage for employees earning more than $110,001;
- Six months of continued healthcare coverage for employees earning $110,001 or less;
- Release from non-compete agreement upon accepting severance; and
- Recall rights of one year for members to return to any forthcoming job opening within their “classification,” and a number of other provisions.