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Re:Coinbase lays off around 1,100 employees by objclxt on Tuesday June 14, 2022 @02:41PM (#31743985)
> Coinbase was also extremely generous with severance. 12 weeks plus two for every one year at the company, I think [...] Three and a half months of dev salary is pretty incredible.

...literally this is the minimum they can get away with in some jurisdictions. It's illegal in plenty of countries to conduct mass layoffs without either a consultation period or putting people on garden leave (i.e, severance).

Re:Coinbase lays off around 1,100 employees by kamikaz1k on Tuesday June 14, 2022 @02:46PM (#31744080)
Can you cite a few example jurisdictions? I am just curious because I've seen less before, even for companies with international presence.
Re:Coinbase lays off around 1,100 employees by georgeburdell on Tuesday June 14, 2022 @02:57PM (#31744274)
The WARN act in California is a good example [1]. They must give 60 days notice, but the way to get around this (it seems) is to lay off without warning and give 60 days pay.

[1] https://www.shouselaw.com/ca/labor/wrongful-termination/warn...

Re:Coinbase lays off around 1,100 employees by dabeeeenster on Tuesday June 14, 2022 @03:16PM (#31744571)