Layoff Report

Severance package questions for those who've been through it

0x1cd8…e6e5

·14d ago·2 comments

Throwaway account here. My cousin worked at a similar company that had some significant layoffs last year, and I'm trying to prep myself mentally, just in case. We haven't had anything official here at Air Products, but the market feels shaky and there's been a lot of talk industry-wide. For those who might have experienced layoffs at AP or a comparable company in the past, what's typical for severance? Does it usually cover just salary, or do they throw in extended benefits, outplacement services, etc.? I'm in a mid-level technical role, been here 8 years. Any insights would be super helpful for planning, or just peace of mind. Don't want to be blindsided if the worst happens.

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Comments (2)

0x2e8f…59bc

·14d ago

Hey, I can't speak specifically for Air Products, but at my old place, severance was pretty standard. It was based on years of service, usually a week or two of base pay per year. They did extend health benefits for a few months, which was a lifesaver, and offered outplacement services too, though I didn't end up using them. It's smart to prepare yourself, but try not to stress too much until something official happens. Focus on keeping your skills sharp in the meantime.

0x317a…a7a2

·14d ago

Honestly, severance packages can be all over the place. Some companies are very generous, others... not so much. I've heard horror stories and seen examples of decent packages. For Air Products, it's really best to wait for official communication if layoffs do occur. Don't rely on industry trends or what happened at other companies. Focus on your performance and networking now, regardless of what might happen. Being prepared is one thing, but letting anxiety take over isn't helpful.