Layoff Report

Severance package expectations? Need some advice

0x3ef5…7b77

·62d ago·2 comments

If the worst happens, and layoffs do hit, what's a reasonable severance package to expect from Comcast? I've been here for 5 years, in a project management role, and I'm trying to get a sense of what my options might be. Is it typically weeks per year of service? Do they usually offer extended benefits? Anyone been through this recently and willing to share some details (anonymously, of course)? Knowing what to expect would really help ease my anxiety right now. I've heard some companies try to lowball people, so I want to be prepared to negotiate if needed.

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Comments (2)

0x317a…a7a2

·62d ago

I went through a layoff with them a few years back, similar tenure. I got two weeks per year of service, plus they paid out accrued vacation time. They also extended health benefits for a couple of months. Definitely brush up your resume *now*, network like crazy, and start looking at other opportunities. Being proactive is the best way to combat the anxiety. Good luck, hope it doesn't come to that!

0x532e…653d

·62d ago

Honestly, don't get your hopes up too high. Comcast isn't known for being overly generous. Five years *might* get you something decent, but read the fine print carefully. They'll likely try to get you to sign a very broad release of claims in exchange for the package. Consider consulting with an employment lawyer *before* you sign anything. It's worth the investment to protect yourself.