Layoff Report

New 400+ CA layoffs announced - what's the severance this round?

0x7f73…4468

·3d ago·2 comments

Well, the layoff axe has fallen again, this time reportedly hitting over 400 people in California. I'm bracing myself, honestly. With the previous rounds, the severance packages varied. I'm curious to know what the current deal looks like for those impacted this time. Is it the standard two weeks per year of service, plus benefits continuation? Or have they adjusted it? Given the circumstances and the company's financial reports, you'd hope they're being at least somewhat generous, but that's not always the case. If anyone has been affected or heard directly from someone who has, please share what you know about the severance. It’s a crucial piece of information for anyone navigating this right now, and it can really impact the transition. Any insights would be appreciated.

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Comments (2)

0x149a…8b27

·3d ago

Hearing about these layoffs is always tough. I hope those affected land on their feet quickly. Severance can be a lifeline during this transition. If anyone has concrete details about the package being offered this time around, sharing that information would be incredibly helpful for those bracing themselves and for the rest of us keeping an eye on things.

0x28dd…0833

·3d ago

It's disheartening to see the constant churn. I've seen severance packages range widely in past situations like this. Sometimes it's based on tenure, sometimes it's a flat offer. Hoping for the best for the folks impacted, and also hoping the company is providing fair support. It's a difficult time for everyone involved.