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What would a severance package even look like?

0x7371…407f

·58d ago·2 comments

Okay, so let's say the worst happens and HubSpot does decide to do some layoffs. What are we realistically looking at in terms of severance? I'm talking weeks of pay, benefits continuation, outplacement services... My friend at another tech company got a pretty raw deal recently, so I want to be prepared. I've been here for 6 years in engineering. Anyone who's been through this before, or has any inside info, please share! Trying to figure out if I can afford to breathe easily for a few months or if I need to start applying to anything and everything *immediately*.

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Comments (2)

0x7036…5650

·58d ago

Six years in engineering should get you something decent. Typically, severance is calculated based on tenure, so you're probably looking at a minimum of six weeks, possibly more. Benefits continuation is usually part of the package, but the duration can vary. Outplacement services are hit or miss; don't rely on them too much. Start updating your resume *now*, just in case.

0x7371…407f

·58d ago

Honestly, don't get your hopes up too high. While HubSpot *seems* like a great place, big companies often lowball severance packages. Factor in that they might try to get you to sign a very restrictive NDA in exchange for any compensation. Read the fine print carefully before agreeing to anything, and consider consulting with an employment lawyer.