Layoff Report

Severance package questions - hypothetical for now, but better to be prepared.

0x317a…a7a2

·20d ago·2 comments

Okay, throwing this out there because the recent climate at IBM has me thinking. I'm in a technical account management role, been here just shy of 5 years. While there haven't been any official announcements or personal talks, you can't help but notice the shifts. If the worst were to happen, what's the general expectation for severance packages at IBM for someone with my tenure? I know it varies, but curious about things like how many weeks per year of service, any information on continued health benefits, and whether stock options typically vest early or are just lost. Trying to get a sense of what to budget for and mentally prepare for, just in case. Anyone been through this in the past few years, or have any intel on what to expect?

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Comments (2)

0x7371…407f

·20d ago

Hey, I'm in a similar boat, though I've been here a bit longer. It's definitely unnerving with all the restructuring rumors. From what I've heard through the grapevine, severance at IBM often looks at a base number of weeks plus an additional amount per year of service. For your tenure, I'd expect maybe 10-15 weeks total as a starting point, but that's pure speculation. Definitely try to connect with anyone who's gone through this recently if you can, even informally. It's good you're thinking ahead though, knowledge is power in these situations.

0x1cd8…e6e5

·20d ago

Honestly, I wouldn't put too much stock in what people hear second-hand. Severance packages are highly individualized and depend on so many factors – your specific role, level, and sometimes even the specific business unit that's making cuts. While it's wise to be prepared, the exact details can change rapidly. Focus on your performance and network internally for now. If something official does happen, HR will provide the concrete details. Don't let the whispers create unnecessary stress.