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Re:Microsoft Lays Off 10k (5%) Workers by ChuckNorris89 on Wednesday January 18, 2023 @09:54AM (#34427308)
>U.S.-benefit-eligible employees will receive a variety of benefits, including above-market severance pay, continuing healthcare coverage for six months, continued vesting of stock awards for six months, career transition services, and 60 days’ notice prior to termination, regardless of whether such notice is legally required.

Wow, that way way, better than what we get by law in my EU country when you're laid off (just unemployment benefits). Looks like big tech in the US has loads of perks.

Re:Microsoft Lays Off 10k (5%) Workers by whitemary on Wednesday January 18, 2023 @10:01AM (#34427417)
Nonsense. European families get healthcare for life.
Re:Microsoft Lays Off 10k (5%) Workers by papruapap on Wednesday January 18, 2023 @11:21AM (#34428712)
eehh, no? Pretty sure I pay for mine every month (NL).
Re:Microsoft Lays Off 10k (5%) Workers by bratao on Wednesday January 18, 2023 @09:57AM (#34427344)
Legit question, don't EU have by law, very generous unemployment benefits compared to the US?
Re:Microsoft Lays Off 10k (5%) Workers by melenaboija on Wednesday January 18, 2023 @10:00AM (#34427400)
It depends on what you understand with very generous unemployment benefits. Te me just the fact that there is universal healthcare makes the unemployment benefits way better.

I am a EU citizen having lived in the US for almost a decade and I still can't overcome the stress of losing my job because of this.

Re:Microsoft Lays Off 10k (5%) Workers by prottog on Wednesday January 18, 2023 @10:18AM (#34427670)
With the higher salary in the US, especially as a software engineer, you could easily put a little bit aside to pay for a healthcare exchange plan for a while if you do ever lose your job.
Re:Microsoft Lays Off 10k (5%) Workers by habosa on Wednesday January 18, 2023 @10:05AM (#34427463)
The scale of benefits generally looks like:

Average US worker << Average EU worker < US Big Tech Worker

Re:Microsoft Lays Off 10k (5%) Workers by _huayra_ on Wednesday January 18, 2023 @10:23AM (#34427728)
I wonder where EU tech workers (big or not) fit in this. Certainly pay is less than US, but when I worked in Europe, everyone took all of their vacation time and generally did not work beyond regular business hours. Where I work today in the US, even junior devs (i.e. no on-call or general need to fight fires outside of regular hours) are grinding away on nights and weekends. The only way I can basically take a half-day here and there during the week to ski is because my team would be screwed without me, but it's still a pressure cooker compared to my last job in Europe; "I'm going to be bikepacking in Sweden all of August and won't be reachable" -> guess which OOO notice that job came from? xD
Re:Microsoft Lays Off 10k (5%) Workers by coldpie on Wednesday January 18, 2023 @10:32AM (#34427894)
> Where I work today in the US, even junior devs (i.e. no on-call or general need to fight fires outside of regular hours) are grinding away on nights and weekends.

Wow. Most places are not like that. Get out of there.

Re:Microsoft Lays Off 10k (5%) Workers by jonathankoren on Wednesday January 18, 2023 @11:11AM (#34428536)
> The only way I can basically take a half-day here and there during the week to ski is because my team would be screwed without me

lol. No. Your team will do just fine if you dropped dead today. Trust m. Teams are always fine.

Take the time off and get down off the cross.

Re:Microsoft Lays Off 10k (5%) Workers by nemo44x on Wednesday January 18, 2023 @11:40AM (#34429028)
It's amazing how prevalent this type of attitude is and not only in tech but in like menial jobs I've had when I was young as well. People actually think they are Atlas, supporting the entire operation and without them it would collapse. It's just not true, ever. It doesn't mean people aren't valued and that the organization is better off with them, but just because an individual can't see an organization working without them doesn't mean they can't.

We don't say it out loud because it's not polite but everyone is replaceable. In fact, there's many things we don't say because we are polite but I sort of feel like people tend to mistake politeness for support. But that's another thing all together and I digress.

Re:Microsoft Lays Off 10k (5%) Workers by mrep on Wednesday January 18, 2023 @03:49PM (#34432880)
Maybe find a different company. I ski 2 hours every weekday before I start my work day.
Re:Microsoft Lays Off 10k (5%) Workers by ChuckNorris89 on Wednesday January 18, 2023 @10:08AM (#34427498)
Depends how you define average.

Statistically, the average US workers has a much higher purchasing power than the average EU worker.

Unless by average you meant poor people or workers on minimum wage in which case you'd be correct, but that's in no way average anymore.

Re:Microsoft Lays Off 10k (5%) Workers by habosa on Wednesday January 18, 2023 @10:12AM (#34427560)
I was talking purely about “benefits” by which most people mean things outside of standard monetary compensation.

EU workers have much better vacation, healthcare, parental leave, severance pay, etc than US workers on average.

Re:Microsoft Lays Off 10k (5%) Workers by ChuckNorris89 on Wednesday January 18, 2023 @10:18AM (#34427665)
And I was only talking about the unemployment benefits of laid off big-tech workers. I'm not contradicting you about the rest.
Re:Microsoft Lays Off 10k (5%) Workers by falcor84 on Wednesday January 18, 2023 @10:09AM (#34427513)
The "continued vesting of stock awards for six months" piece specifically is, as far as I know, not mandated by law anywhere, and is really generous.
Re:Microsoft Lays Off 10k (5%) Workers by ChuckNorris89 on Wednesday January 18, 2023 @10:02AM (#34427423)
Depends on the EU country. Where I live you get 60% of your pay for something like 6 months, plus the public healthcare.

Though, it's not exactly a vacation, as you're expected to prove to the unemployment office you are actively looking for a job and interviewing and you're not allowed to leave the country during that period. I mean you can leave the country but you'll not receive unemployment or healthcare for that period.

Re:Microsoft Lays Off 10k (5%) Workers by lnsru on Wednesday January 18, 2023 @11:24AM (#34428763)
You can leave easily and officially Germany during unemployment. Just bring the proof, that you sent your weekly applications and tell the Arbeitsamt officer that you’re leaving. They don’t really care about white collar workers making much more money than they do anyway. Their focus were blue collar workers and special cases like illiterate foreigner anyway. At least 5 years ago in Baden-Württemberg.
Re:Microsoft Lays Off 10k (5%) Workers by themitigating on Wednesday January 18, 2023 @10:06AM (#34427479)
The difference is Microsoft doesn't have to be so generous.
Re:Microsoft Lays Off 10k (5%) Workers by cokeandpepsi on Wednesday January 18, 2023 @10:34AM (#34427922)
most american's don't receive severance outside unpaid vacation
Re:Microsoft Lays Off 10k (5%) Workers by ChuckNorris89 on Wednesday January 18, 2023 @10:10AM (#34427537)
And yet they are. Even though they could give you nothing, they chose otherwise.
Re:Microsoft Lays Off 10k (5%) Workers by danans on Wednesday January 18, 2023 @10:30AM (#34427849)
It's not just from the goodness of their hearts.

Fundamentally, they chose this approach because those who receive the benefits will have to sign NDAs and because they don't want their reputation as an employer to be poisoned.

Re:Microsoft Lays Off 10k (5%) Workers by xxx6969xxx on Thursday January 19, 2023 @10:34AM (#34441389)
There are two aspects to severance.

First it's a custom, like tipping, where it looks morally bad if you only give the minimum (2 months). Future employees will care if you have a reputation for treating current employees like shit; look how many people don't want to work for Amazon.

Second is it's a Newcomb paradox. Outgoing employees have the capability to do reputational damage to the company. The press has for the past 6 years been extremely happy to shit on tech. And even though a non-disparagement agreement is usually part of the severance package (NDA, NSA, NCA already in place), the company can't possibly retaliate against every disparager.

Also, in software people may have knowledge of (or might have planted) backdoors, vulnerabilities, and weaknesses, and now, might have been motivated to exploit them.

So severance can be also understood as "we know you have the capability to harm us and we can't stop you, so to tip the scales on how much you dislike us, here's a gift of extra money beyond WARN".

Re:Microsoft Lays Off 10k (5%) Workers by skinnymuch on Wednesday January 18, 2023 @12:00PM (#34429364)
They aren’t doing it from the goodness of their hearts.
Re:Microsoft Lays Off 10k (5%) Workers by coremoff on Wednesday January 18, 2023 @12:10PM (#34429504)
A lot of that will be to avoid costly lawsuits with employment tribunals etc.; cheaper for companies like microsoft, trying to reduce headcount, when a large number of their employess have the resources to fight (and after the layoffs will also have the time too)