Severance
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Key takeaway: The Bellevue forwarder appears to have crossed a line it spent decades defending: employees report being called into meetings, told they are being laid off, and offered three-month severance packages. For a company that built its identity on never doing this, the implications run deeper than headcount.

For more than 40 years, Expeditors International traded on a promise few competitors could match: ’We don’t do layoffs’.

The implicit contract was straightforward: accept below-market base pay; show up ...

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