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RetailZappos

Even more Zappos employees are being offered money to leave

By
Benjamin Snyder
Benjamin Snyder
Managing Editor
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By
Benjamin Snyder
Benjamin Snyder
Managing Editor
Down Arrow Button Icon
May 22, 2015, 11:23 AM ET
Photograph by Ruaridh Stewart — ZUMAPRESS

Only days after 14% of Zappos’ employees accepted a severance offer from the company, even more employees are being offered the opportunity to quit for cash, according to Quartz.

Zappos has reportedly told 9% of the company they can leave and be paid for it in what’s being called the “SuperCloud offer.” That deal, which was extended to many on Zappos’ tech team, comes as Zappos’ backend technology is being replaced with parent company Amazon’s tech. Sources told Quartz there are a “significant” number of employees accepting the second offer.

The initial offer to employees came earlier in May after the company said it would transition to a management structure called Holacracy, in which employees manage themselves. About 210 workers, or 14% of the company’s 1,500 total employees, accepted that offer, which included three months of severance pay.

About the Author
By Benjamin SnyderManaging Editor
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Benjamin Snyder is Fortune's managing editor, leading operations for the newsroom.

Prior to rejoining Fortune, he was a managing editor at Business Insider and has worked as an editor for Bloomberg, LinkedIn and CNBC, covering leadership stories, sports business, careers and business news. He started his career as a breaking news reporter at Fortune in 2014.

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