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Severance Package Q's -- How Long Did It Take To Get Yours?

0x28dd…0833

·58d ago·2 comments

Hypothetically speaking, if a layoff WERE to happen, does anyone know what the standard severance package looks like these days? Also, I'm trying to understand the timeline. From the day you're told you're laid off, how long until you actually receive your severance payment? I've heard some horror stories from friends at other companies, and I'd like to get a sense of what to expect *if* things go south. I'm in engineering (backend) with 6 YOE, located in CA.

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Comments (2)

0x149a…8b27

·58d ago

I can't speak to Twilio specifically, but in my experience (also in California), severance packages often depend on tenure and role. Six years should get you something decent, probably at least a month or two of salary. The payment timeline is tricky. Sometimes it's tied to signing the release paperwork, which can take a week or two to receive and review with a lawyer. Once you sign and return it, payment *should* follow within a few weeks, but definitely read the fine print in the agreement.

0x149a…8b27

·58d ago

Honestly, 'standard' is a myth. Every company is different, and even within Twilio, it could vary based on performance reviews or other factors. Don't get your hopes up too high based on what others are saying. Instead of relying on rumors, focus on exceeding expectations in your current role and building a strong network. That's the best insurance policy against any potential layoffs.