Which org are likely to take the HIT? Any idea ?
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@a4 want to say sorry, and also thanks for sharing this info. It helps all of us, even though it completely su-ks for you. Sorry friend. Looks like there’s many more of us heading your way
@a4 - Sorry to hear that. Does the 12 weeks mean you got 2 weeks/year but only up to 6 years (i.e. employed more than 6 years didn't matter)? It used to be 1 month per year, now 2 weeks per year (which I confirmed w/HR), but they wouldn't specify a cap. If you are in CA, you also get the 60-day WARN notice which covers everybody, no matter how small the layoff was.
@a4 I'm so sorry to hear that your role was eliminated--hoping you find something better next. Best wishes! Did they let you keep any equity set to vest this November?
@a4 that's an incredibly small amount of severance. I thought we were on payroll for 2 months post notification. So if you worked here for a years, you get just a month salary?
@ae Technology had some last week. More coming
@a4 Which Org?
@OP I was laid off last week. Got my bonus, about 11k for cobra coverage, got 2 weeks of pay per year I was with the company up to 12weeks. Located in the US. We are in a period of time called “forever layoffs” companies continue to restructure every few months.