Is there any chance somebody is willing to share the severance info? Have there been any changes compared to the last major layoffs? It wouldn't surprise me to hear that they've decided to use the pandemic as a reason to cut down on the package, that's why I'm asking. Thanks in advance.
4 replies (most recent on top)
There is no information of severance package in handbook?
May I please ask what the salary portion severance package amount would be for Nov 2020, on a salary of $118,000 AUD be?
Wow. There was another one in just this august? Wow
The salary portion of the Nov 2020 severance package seems to be the same as the standard severance package as detailed in the voluntary layoff in August 2020 (excluding the incentive portion).
No details have been released (as far as I know) about the COBRA coverage.