4 ms·
Companies like Quora should provide at least three or six months of severance in cases of layoffs. There's no reason they can't. They surely knew three or six m
by svbolo 7y ago
Companies like Quora should provide at least three or six months of severance in cases of layoffs. There's no reason they can't. They surely knew three or six months in advance that they would likely be making this move.
As startup workers, we should shame loudly and publicly companies that don't provide sufficient severance packages. It's the difference between causing a slight disturbance in worker's lives and potentially huge financial hardship.
(Of course all employees should have a financial reserve. The fact is many people don't though. And even if they do, it hurts a lot to make them burn it down.)
Someone should make a blacklist of startups that did layoffs without sufficient severance. Maybe I'll get around to it.
- dehrmann 7y agoYou should should loudly at the state of California for still paying a max of $450 per week for unemployment. If you're playing the startup game, you're trading job security and pay for potential upside. I know people who've been burnt just as bad as a layoff because the company got sold for scraps. Don't expect big company benefits out of a startup; that's not how the game works.