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From what I've heard, severance at Amazon is pretty standardized across the US, primarily based on tenure and level, not location-specific COLAs. They usually calculate it using your base salary only. Total compensation rarely factors in for severance calculations at big tech companies. Keep an eye on sites like Glassdoor; people often post their severance details after layoffs. It might give you a better idea of the typical packages offered.
Honestly, while it's prudent to be prepared, focusing too much on worst-case scenarios can be draining. If layoffs happen, they happen. Amazon's severance has historically been decent, but things change. Document everything related to your performance reviews and contributions. That might help if you need to negotiate. But until then, focus on your work and building a strong network. That's often the best form of security.