Marketing, E-commerce and Digital Design, Product Management, Brand Development, Design, Advertising and Consultancy

IBT Media accused of failing to pay severance to laid-off staff and shifting large sums of money into religious school

on Jul 28, 2016 | 0 comments

By Jessica Goodfellow

IBT Media has been accused by former employees of failing to pay severance or give notice in relation to a raft of lay-offs the company made last month, with Twitter users launching an investigation into the financial history of the media group and its ties to its religious founder.

Former employees have claimed that IBT Media, which operates International Business Times and Newsweek, gave “zero notice” of layoffs, refused to pay severance and routinely failed to pay bills or international staff.

The complaints have provoked a hashtag on Twitter #IBTWTF, with the list of IBT’s alleged wrongdoings quickly stacking up.

.@IBTMedia Read full story ›

Source: The Drum