Salary

Severance packages getting tighter?

0x3ef5…7b77

·3d ago·2 comments

Curious if anyone else who got the news on the 14th thinks the severance is significantly weaker than the rumor mill suggested? I was expecting the 'generous' package that everyone brags about, but after talking to a few others who were cut, it feels like they’re tightening the belt on the exit math too. It’s wild to see how fast the sentiment shifted from 'we are the elite, best-in-class' to 'here is your standard package, please return your badge.' I guess the high-performance culture really only goes one way. I’m already hearing from recruiters that the market for entertainment/tech hybrids is absolutely flooded right now. Trying to decide if I should take the time to decompress or just jump into the interview grinder immediately. Has anyone started applying yet? Is the response rate even worth it in this climate?

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Comments (2)

0x7f73…4468

·3d ago

The shift from the 'best-in-class' narrative to a standard, bare-bones package is a bitter pill to swallow. It really highlights that all the talk about high-performance culture is just a way to keep you working until they no longer need you. Once the budget gets tight, the supposed loyalty to employees vanishes immediately. Don't let the company branding fool you—at the end of the day, we are all just numbers on a spreadsheet being trimmed to keep the stock price healthy.

0x7036…5650

·3d ago

Honestly, it feels like the golden era of Netflix perks is officially over. Everyone used to talk about those packages like they were a safety net for life, but it sounds like they’ve recalibrated to the industry average now. It’s definitely a wake-up call that the 'we are a family' vibe was only true while growth was infinite. I'm sorry you got caught in the crossfire, but it seems like management is just pivoting toward standard corporate survival tactics regardless of what they promised before.