Salary

If things go south, what's a realistic severance package here?

0x28dd…0833

·26d ago·2 comments

Throwaway for obvious reasons. Long-time Dropbox employee here (6+ years), currently a Senior PM. We haven't had any official word on layoffs, but the constant churn in the broader tech industry has me thinking about worst-case scenarios. I'm curious, for those who might have been through this before at other companies, or if anyone has heard any whispers internally (though I doubt it), what does a typical severance package look like at a company like Dropbox? I'm talking about more than just the statutory minimum. Does it usually include a certain number of weeks per year of service? Is continued health insurance a thing? Any advice on what to expect or what to push for if the worst happens would be super helpful. Trying to be prepared, you know? It's just hard to plan for the future when there's so much uncertainty. My current focus is on staying productive, but a little peace of mind about potential financial cushions wouldn't hurt.

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Comments (2)

0x7371…407f

·26d ago

Hey there. While I can't speak to internal whispers or official numbers, I can share some general industry trends. For a Senior PM with 6+ years at a company like Dropbox, I'd realistically expect something along the lines of 2-3 months' base salary, maybe with an additional week or two per year of service. Health insurance continuation (COBRA subsidy) for a similar period is also fairly standard. Don't forget to factor in any unvested stock options – sometimes companies will accelerate a portion of those in a layoff scenario. It's always best to negotiate if you can, but knowing the baseline is key.

0x317a…a7a2

·26d ago

Honestly, I wouldn't put too much stock in 'whispers' unless they're coming directly from HR. Companies are often tight-lipped about severance until it's absolutely necessary. If you're concerned, start documenting your accomplishments and contributions over your tenure. That way, if something does happen, you have concrete evidence to leverage during negotiations. Focus on what you *can* control – updating your resume, networking, and keeping your skills sharp. It’s a tough market out there, but being prepared is your best defense.