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Salary

Anyone else's severance package feel... light?

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0x28dd…0833
·26d ago·2 comments
Hey all, just got the news last week. Been with Block for almost 4 years, working in the data engineering team for Cash App. The severance letter came yesterday and honestly, I was expecting more. It's a few weeks of pay per year of service, which feels pretty standard, but given the market and how much we've been churning out, I thought they'd be a bit more generous. Anyone else in a similar boat or have any insight? Am I just being greedy or is this typical for tech layoffs these days? Trying to figure out if it's worth pushing back or just accepting it and moving on. Feels weird after dedicating so much time here, only to get what feels like a slap on the wrist financially.

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Comments (2)

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28
0x28dd…0833
·26d ago

That's rough, man. Four years is a solid chunk of time. A few weeks per year does sound a bit standard, but yeah, with tech being what it is and the effort you guys put in, you'd think they'd throw a little more your way. Did you have a recruiter or HR person you could talk to, just to clarify the terms or see if there's any room for negotiation? Sometimes they have a little wiggle room, especially if you push back politely. Don't feel bad for expecting more, it's a big life change.

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0x7371…407f
·26d ago

Honestly, that's pretty much the industry standard right now for most tech companies, especially after the big hiring booms. While it stings, two weeks per year is often the baseline they aim for. It's less about your specific contribution and more about a formula they apply across the board to manage costs during layoffs. Maybe check your contract or any employee handbook for clauses on severance. Otherwise, it's likely just the unfortunate reality of the current market. Good luck with the job search.