Jets Offer Buyout to 170 of 250 Employees

Discussion in 'New York Jets' started by REVISion, Mar 31, 2025 at 12:16 PM.

  1. REVISion

    REVISion Well-Known Member

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    https://www.nbcsports.com/nfl/profo...fered-buyouts-to-roughly-170-of-250-employees

    Sports Business Journal reports that the team has offered buyouts to roughly 170 of its 250 employees. The offers were extended earlier this month; the deadline for accepting is today.

    Benefits hinge on tenure. Per the report, employees with fewer than 10 years of experience will receive two weeks of pay for every year of service, along with an amount equal to their 2024 bonus. For employees with 10 to 20 years of experience, the payment will be three weeks of pay for every year of service, along with health insurance for the same period and an amount equal to their 2024 bonus. For employees who have more than 20 years of experience, and for all employees with V.P. titles or higher, the offer is 80 weeks of pay, health insurance, and the amount of their 2024 bonus.

    Voluntary buyouts, which usually include a requirement to waive any and all potential legal claims, often precede involuntary layoffs. The number of employees who will be let go, if any, will depend on the number who choose to leave.


    Thrilled to see this. A thorough housecleaning was way overdue. We talk a lot about how deep the organizational rot runs with this franchise and how badly we've needed to do a total cleanse. Not just the front office, not just the coaches, but a cleanse of people at deeper levels of the franchise.
     
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  2. FloridaMan

    FloridaMan New Member

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    Department of Jets Efficiency: DOJE
     
  3. BroadwayAaron

    BroadwayAaron Well-Known Member

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    Baffling that you can be so poorly run that you just now realized you either don't need or need to replace almost 70% of your workers. Let's hope this is actually about making something run more efficiently unlike all the other "efficiency" initiatives we're seeing these days.
     
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  4. BrowningNagle

    BrowningNagle Well-Known Member

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    This doesn't help win football games. Woody is being cheap.
     
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  5. Borat

    Borat Well-Known Member

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    Not unlike all others. Exactly like all others. All are good and long overdue. We've been asking to clean house. They are doing exactly that and people still complain. Let's at least see if this yields in a good result, but on surface it seems like they are doing the right thing we've all been asking for.
     
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  6. BroadwayAaron

    BroadwayAaron Well-Known Member

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    Cleaning house doesn't mean you're doing something smart. That's just about where I'll leave it for the sake of keeping order but I'm sure you can figure out why I'm saying that.

    And for me personally, I wanted an overhaul of anything that involves the product on the field. I find it hard to believe 170 people were affecting the product on the field.
     
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  7. ukjetsfan

    ukjetsfan Well-Known Member

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    People wanted the football decision-makers to be cleaned out, because their football decisions have been appalling for 15 years at least. I struggle to see how a few working stiffs in the accounts department or maintenance had any influence on drafting Zach Wilson. Until I hear otherwise I’ll see this another billionaire wanting to dump a few workers to fractionally nudge up his annual profits.
     
  8. BrowningNagle

    BrowningNagle Well-Known Member

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    This isn't cleaning house. This is scaling back operations
     
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  9. Since1969

    Since1969 Well-Known Member

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    I wouldn't mind seeing Woody and his idiot brother take the buyout.

    Knowing Woody, the end result of these buyouts will be to eliminate people who are actually doing their jobs well.

    Since Woody has never had an original thought, this is undoubtedly a monkey see/monkey do attempt to copy what's going on in Washington.
     
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  10. NJJets

    NJJets Well-Known Member

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    Letting 68% of your workforce go isn’t scaling back, it’s practically going out of business. I won’t say I’m alarmed but it definitely raises an eyebrow. Woody just shelled a shit ton out for the Rodgers disaster, it stands to reason we may actually be cash strapped.
     
  11. letsgojets2819

    letsgojets2819 Well-Known Member

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    Glad to see the Woodys ruining another 170 peoples and their family's lives. Why don't these scumbags sell the team already.
     
  12. FloridaMan

    FloridaMan New Member

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    I hear you. I don't understand enough about a football franchise to know why they do that. Maybe it's a general attitude that runs throughout the organization and they want fresh faces.
     
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  13. Jonathan_Vilma

    Jonathan_Vilma Well-Known Member

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    There are only 250 people that work for a multi billion dollar organization and one of the highest valued sports franchises in the world?
     
  14. REVISion

    REVISion Well-Known Member

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    We've all heard about the scouts who have been with the Jets for 20 years despite us being one of the worst drafting teams in the league during that time. I find it hard to believe this will have no impact on the product on the field.
     
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  15. BrowningNagle

    BrowningNagle Well-Known Member

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    if Woody feels "cash strapped" he should sell parts of the team** Terry Pegula sold 20% of the Bills recently for around an estimated $1billion. That's the way to go instead trying to run a shitty barebones operation


    **ideally Woody would sell all of his interest in the team
     
  16. BroadwayAaron

    BroadwayAaron Well-Known Member

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    I didn't say it won't at any point. What I said was there's no way 170 people did.
     
  17. BrowningNagle

    BrowningNagle Well-Known Member

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    no. It was "non-contractual employees." Front office and football operations employees are typically contractual and thus wouldn't be included in that 250 figure.
     
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  18. Borat

    Borat Well-Known Member

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    Why are they working for the Jets if they have no impact, not even small, on the outcome? @REVISion already gave great example with the scouts that have been there for 20 years. And and as far as maintenance, that was one of the areas players complained about in the survey. I understand it's not the same level as the top executives, but these were also gone. I would also like Woody to be one of these people taking a buyout, but this is not possible unfortunately.

    I guess we are going to have to find out if it is smart or not, but generally it is a good idea to clean house in every corner once in a while when your house is dirty and looks like shit for a long time. And yeah, that also applies to whatever @BroadwayAaron brought up as well, which you should not be bringing up in the first place here.
     
  19. Borat

    Borat Well-Known Member

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    We sucked for 14 years!!! Besides, he is not firing, it's a buyout. I don't really see anything wrong to offer people buyout and maybe bring some fresh blood and perspective from these who haven't lost for 14 years.
     
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  20. BroadwayAaron

    BroadwayAaron Well-Known Member

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    You dont have to be specific but what do you do for a living? I promise you there are people working in that building that have literally nothing to do with the product that ends up on the field. I'd argue at least half probably don't.
     

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