• On Twitter this morning, Fresh & Easy Buzz reports that the company plans to offer store employees four weeks pay and six months COBRA insurance coverage if they will stay until the end.
- KC's View:
-
Of course, what "the end" means for Fresh & Easy remains somewhat amorphous. Tesco has said it wants to get out of its US business, but that could mean selling a majority share in Fresh & Easy, selling the whole thing, or just closing the chain down.
But it's nice to see store employees getting the kind of retention deals that in many failing companies are reserved for the people at the top.