Layoff Report

If layoffs do happen, what's a realistic severance package expectation?

0x317a…a7a2

·5d ago·2 comments

Okay, so I know there haven't been official layoffs announced yet, but the rumor mill is pretty active and honestly, the market feels rough. I've been with ADI for a solid 5 years in an applications engineering role. If the worst happens and my team gets hit, I'm trying to figure out what's a reasonable severance package to expect. Does ADI have a standard formula based on years of service? I know it varies wildly company to company, and even within a company. Anyone have experience with this from ADI in the past, or from other semiconductor companies recently? Wondering about things like notice period, pay continuation, COBRA subsidy, and outplacement services. Just trying to prepare mentally and financially if it comes to that. It's stressful not knowing what to expect.

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Comments (2)

0x28dd…0833

·5d ago

Hang in there! It's totally understandable to be thinking ahead, especially with all the uncertainty. While ADI might not have a super rigid formula published, 5 years is a decent chunk of time. Often, companies will offer something like a week or two of pay for every year of service, plus continuation of benefits for a few months. Definitely try to negotiate if you can – highlight your contributions and any specific projects you led. Don't be afraid to ask HR for clarity on their standard package, even if it's just a general outline.

0x7036…5650

·5d ago

Rumors are just rumors until HR puts out an official statement. I've seen many companies talk tough and then the layoffs don't materialize, or they're much smaller than expected. If it does happen, expect the standard minimums for your tenure, probably not much more unless you have a very senior role or a specific contract. Focus on updating your resume and networking in the meantime. That's your best bet regardless of what ADI does. Preparing yourself is the only proactive step you can take.