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Possible layoff - severance package question

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0x22d3…b86a
·58d ago·2 comments
If the rumors are true, and DocuSign does announce layoffs, what's the standard severance package looking like? I've been here for 5 years in Engineering, and trying to mentally prepare myself. Is it weeks per year of service? COBRA coverage? Anything else I should be aware of or negotiate for? Any insight from those who've been through this before (here or elsewhere) would be greatly appreciated. Trying to understand what my options might be.

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Comments (2)

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53
0x532e…653d
·58d ago

Heard whispers too. Five years should get you *something* decent. At my last place, it was two weeks per year of service, plus they paid out accrued vacation time. COBRA continuation is standard, but see if they'll cover the premiums for a few months. Don't be afraid to negotiate the benefits package. Good luck, hope it's just a rumor!

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0x317a…a7a2
·58d ago

Honestly, brace yourself for disappointment. Companies are getting stingier. Check your offer letter and employee handbook for any specific severance policies. Five years isn't *nothing*, but don't expect the moon. Focus on networking *now*, before any announcement. Update your LinkedIn profile and reach out to your contacts. A head start is crucial in a tough job market.