What Happened
Flock Safety has opened up a voluntary layoff program, offering a severance package to employees who choose to leave. The move comes as the company faces growing criticism over its license plate recognition tech and has lost some clients. Flock Safety is framing the program as a chance for staff to exit on agreed terms.
Timeline and Details
Applications opened on September 18 and will be accepted through October 2, according to an internal company memo. Flock Safety says it expects to approve most requests. The severance deal is being called the "most generous" in company history: some employees have been offered tens of thousands of dollars, several months of health insurance, and a two-year window to sell company stock after they leave.
Context
This program launches amid public backlash against license plate recognition tools and reports that Flock Safety has lost part of its customer base. The company is betting on a voluntary approach and beefed-up compensation to soften the impact of these changes on its team.
