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Convene Furloughs Over 400 Staff Members Due To Coronavirus

After flexible office provider Convene announced plans to lay off a fifth of its workers due to the coronavirus, it has revealed it will furlough 421 workers starting March 30.

Last week, nearly 150 workers were let go, with a spokesperson for the company stating that anyone laid off will receive one month’s severance and one week of severance every year they were with Convene. Additionally, they will receive a month of health coverage.

Workers who are furloughed will keep their seniority at the company, with Convene paying their portion and the company’s healthcare contribution until August or the end of the furlough period.

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“The coronavirus pandemic has had a huge impact on the hospitality and meetings and event industries, and Convene has not been immune to that,” said Ryan Simonetti, co-founder of Convene. “This is incredibly difficult for us, but we’re taking every measure possible to do right by our employees by providing both severance and healthcare coverage while ensuring we sustain our business for the long-term.”

ABOUT Aayat Ali
Aayat Ali

Aayat is an editor for the Daily Digest based out of Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces. Feel free to reach out to her at [email protected] View all posts by Aayat Ali

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