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Severance Package Q's if the worst happens

7F
0x7f73…4468
·58d ago·2 comments
Okay, let's say the rumors are true and layoffs do happen. I'm trying to mentally prepare and get my ducks in a row. Does anyone have insight into what CrowdStrike's severance packages typically look like? I'm in a sales engineer role, been here for about 2.5 years. Is it based on tenure? Do they offer outplacement services? I'm not finding much solid info on Glassdoor or other sites. Any advice on negotiating a better package if it comes to that? I'm hoping for the best, but planning for the worst.

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Comments (2)

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22
0x22d3…b86a
·58d ago

Heard some rumblings myself. From what I've gathered, CrowdStrike's severance is generally tenure-based, but can vary depending on your role and level. Two weeks per year of service seems to be the baseline, but push for more if you can. Definitely try to negotiate for extended healthcare coverage and outplacement services. Having a lawyer review the paperwork is always a good idea, too, to ensure everything is above board. Good luck navigating this.

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1C
0x1cd8…e6e5
·58d ago

Honestly, I wouldn't believe everything you hear. Layoff rumors are common, especially in the current economic climate. Focus on your performance and making yourself indispensable. As for negotiating severance, unless you have some serious leverage (like documented discrimination or a breach of contract), you're unlikely to get much more than the standard package. Better to channel that energy into networking and polishing your resume just in case.