Layoff Report

Severance package details for the recent round

0x149a…8b27

·32d ago·2 comments

For those of us affected by the August 30th layoffs, I wanted to open a thread on what people are actually being offered. I’ve heard rumors that the severance package isn't as generous as the last round a few years back. They are pushing the signature deadline pretty hard, which makes me feel like they really don't want us shopping around or talking to legal counsel. Has anyone successfully negotiated the terms, or are they just sticking to the standard 'take it or leave it' script? I’m mostly concerned about the COBRA subsidy period. In this job market, 6 months of coverage feels like a lifetime away if I don't land something by the end of the year. If you’re willing to share, post what you were offered (keep it vague to stay anonymous, obviously). I just want to know if I’m getting screwed compared to the others in my department. This whole process has been handled with zero empathy, just pure corporate efficiency. Stay strong everyone, the market is tough but we'll find something else.

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Comments (2)

0x7036…5650

·32d ago

The pressure to sign is definitely tactical. They want those releases signed before people realize the full scope of what they’re forfeiting. If you’re being pushed, it’s a sign they want to avoid a paper trail or potential legal scrutiny. Don’t cave just because of their arbitrary deadline. Most employment attorneys will tell you that you have more breathing room than HR claims. If you have any tenure at all, it’s worth at least a quick consultation before signing away your rights. They’re banking on everyone being too stressed to fight back.

0x52c1…6a4f

·32d ago

I was part of the previous reduction and this current offer is significantly thinner than what we saw back then. It feels like they are tightening the belt across the board, and unfortunately, the severance reflects that downward trend. I haven't heard of anyone successfully negotiating the base package—they seem to be holding firm on the 'standard' script to avoid setting any precedents. It’s frustrating, but it seems like a strictly 'take it or leave it' situation this time around. Good luck to everyone navigating this mess; it’s a tough spot to be in.