Layoff Report

Severance package expectations for potential ANSYS layoffs?

0x22d3…b86a

·11d ago·2 comments

Okay, so not trying to manifest anything here, but hypothetically, if layoffs were to hit ANSYS, what are people expecting in terms of severance? I've been with the company for close to 7 years, in a senior technical role. I've heard from friends at other tech companies that some are doing 2-3 months base + bonus, others are doing extended healthcare, stock vesting acceleration. Anyone have any insights or past experiences with ANSYS severance from previous rounds, or even just general knowledge from the industry that might apply? Trying to get a realistic picture of what 'worst-case scenario' might look like financially if the rumors turn out to be true. Not sure what to plan for.

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Comments (2)

0x532e…653d

·11d ago

Hey, that's a smart question to think about proactively. Given your tenure and senior role, you'd likely be looking at a pretty solid package. Based on industry standards and what I've seen at similar companies, I'd anticipate at least a few months of base salary, potentially with some prorated bonus factored in. Extended health coverage is almost a given these days, and stock vesting acceleration is definitely a possibility, especially for longer-term employees. Keep an eye on official communications and perhaps discreetly ask HR if you feel comfortable doing so.

0x317a…a7a2

·11d ago

Honestly, it's hard to say for sure without seeing it happen. While others might be getting 2-3 months, ANSYS might have their own specific formula based on tenure, level, and reason for the layoff. Past rounds might offer a clue, but things change. Don't bank on anything too specific yet. Focus on your performance and network, and if it does happen, be prepared to negotiate based on what you're offered versus industry benchmarks. Having a lawyer look over any agreement is always a good idea.