Re:Coinbase lays off around 1,100 employees
by meheleventyone on Tuesday June 14, 2022 @04:45PM
(#31745817)
Don’t mistake the legal statutory minimums with normal practice.
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Are you suggesting that European countries regularly offer severances to all employees that exceed what is legally required? Can you provide a source?
Re:Coinbase lays off around 1,100 employees
by Marsymars on Tuesday June 14, 2022 @05:12PM
(#31746154)
I don’t know about Europe, but in e.g. Canada, employees are generally entitled to common law severance, which is significantly more than the statutory minimum severance. e.g. https://www.monkhouselaw.com/how-much-severance-pay-should-i...
Yes, anecdotally, no recent evidence, though expect to gather some in the next year or two.
The last time my company laid people off it have very generous severance packages, way above the legally required 1/3 months depending on duration of employment.