Re:Etsy is laying off 11% of its staff
by darth_avocado on Wednesday December 13, 2023 @01:32PM
(#38631952)
> our industry has developed a norm of generous severance.
I’ve been through this twice in the last two years and let me tell you, this is not the norm. Most companies would pay you only two weeks if it wasn’t for the WARN act.
Most companies are paying 2/3 months based on the local laws. For smaller layoffs where the WARN doesn’t apply, they’re barely providing a month of severance. And yes these are the same tech companies.
I’ve been through this twice in the last two years and let me tell you, this is not the norm. Most companies would pay you only two weeks if it wasn’t for the WARN act.
Most companies are paying 2/3 months based on the local laws. For smaller layoffs where the WARN doesn’t apply, they’re barely providing a month of severance. And yes these are the same tech companies.