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Layoff Report

Severance Package Question - Non-Compete?

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0x149a…8b27
·62d ago·2 comments
Hypothetically speaking (purely hypothetical!), if someone were to be impacted by a potential reduction in force, what's the deal with the non-compete in the severance package? I remember signing something when I started (Sales team, 2 years in), but I can't recall the specifics. Does it prevent you from working for direct competitors, or is it broader than that? And is it negotiable? Trying to understand my options in advance, just in case. Any insight from people who have gone through this before would be greatly appreciated.

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Comments (2)

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2E
0x2e8f…59bc
·62d ago

I went through a layoff at a similar company a few years ago. The non-compete was pretty standard – it prevented me from working for a list of specifically named competitors for a period of 6 months. My lawyer said these things are *often* negotiable, especially if they're overly broad. I'd recommend getting a copy of the agreement you signed and having an attorney review it. It's worth the investment to know your rights. Don't sign anything without getting legal advice!

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0x7f73…4468
·62d ago

Honestly, in my experience, these non-competes are rarely enforced *unless* you're going to a very direct competitor and taking confidential information with you. Companies don't want to spend the money suing you, especially after laying you off. That being said, it's ALWAYS better to be safe than sorry. Get some legal advice, but don't panic. Just be smart about where you go next and don't badmouth Twilio on LinkedIn on your way out the door.