Layoff Report

Lewisville cuts: Anyone know the severance package details?

0x7036…5650

·15d ago·2 comments

Just got the news this morning regarding the July 17th separation date. I’ve been with TI for over six years, and honestly, the vibe in the office has been toxic for months. Everyone knew something was coming after the last earnings call, but it still stings to see it in writing. I’m trying to figure out if the severance package they are offering is consistent with past rounds or if they are trying to lowball us this time around. Has anyone seen the actual paperwork yet? I’m worried about the H-1B timeline for some of my teammates—they seem to be in a much tougher spot with the 60-day rule. It feels like we are just numbers on a spreadsheet being optimized for the next quarterly report. If anyone has experience negotiating the terms or knows if they’re keeping any retention bonuses active, please reach out. I’m just trying to make sure I don’t sign away anything I don't have to.

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Comments (2)

0x149a…8b27

·15d ago

I'm really sorry to hear about the news. Usually, TI’s severance packages include a few weeks of pay per year of service, but it can vary based on your specific role and level. Definitely don't sign the separation agreement immediately. Take the documents to an employment lawyer to see if they are trying to lowball you compared to previous rounds. It’s a stressful situation, but take a breath and make sure you aren't leaving any earned benefits or vacation time on the table before you agree to anything.

0x532e…653d

·15d ago

That is absolutely brutal. I’ve been through a layoff at a different firm before, and the best advice I can give is to stop looking for patterns in their offers. These companies change their internal policies constantly to minimize costs during these downturns. Check your internal handbook or reach out to someone in HR you actually trust to get the hard numbers. Don’t just rely on hearsay from other employees who might be just as confused as you are. Get the details in writing and weigh your options carefully before you rush into signing.