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Re:LinkedIn laying off nearly 700, mostly from core engineer... by paxys on Monday October 16, 2023 @12:16PM (#37902030)
Companies like Google & Salesforce paid out 6-8 months of severance (depending on tenure) and accelerated remaining stock vests, so not all that different.
Re:LinkedIn laying off nearly 700, mostly from core engineer... by berdario on Monday October 16, 2023 @12:35PM (#37902380)
First waves of layoffs are famously more generous with their severance agreements than the following ones.

They are already not as generous as they could be (for example, Google on January 20th boasted about accelerated vesting for the notice period of US employees that would be laid off... But employees in other regions didn't get the same terms)

...and they are going to get worse and worse, with future layoffs

Re:LinkedIn laying off nearly 700, mostly from core engineer... by pb7 on Monday October 16, 2023 @01:12PM (#37902983)
>employees in other regions didn't get the same terms

Yep, that's what happens when you have labor laws that dictate the terms. It cuts both ways.

Re:LinkedIn laying off nearly 700, mostly from core engineer... by berdario on Monday October 16, 2023 @05:53PM (#37907188)
You're doubly wrong:

1- the laws dictate minimum terms for the agreements, they don't put ceilings on the maximums

2- the regions in which employees got shafted in that way aren't the regions in which employment laws are stricter

Re:LinkedIn laying off nearly 700, mostly from core engineer... by Ensorceled on Monday October 16, 2023 @10:28PM (#37909759)
> 1- the laws dictate minimum terms for the agreements, they don't put ceilings on the maximums

That's not how it works in many jurisdictions: if a company does a round of layoffs and exceeds the terms ... those are the new terms going forward for that company.

Re:LinkedIn laying off nearly 700, mostly from core engineer... by berdario on Tuesday October 17, 2023 @12:00AM (#37910448)
Do you have any reference for this? In which jurisdiction does it work like that?