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>Similar to how a poorly done layoff, (such-as coinbase) Coinbase offered 3.5 months' severance pay minimum, plus additional severance pay based on employee te
by oarabbus_ 4y ago
>Similar to how a poorly done layoff, (such-as coinbase)
Coinbase offered 3.5 months' severance pay minimum, plus additional severance pay based on employee tenure. If that's a poorly done layoff, what's a well-done one?
- rot13xor 4y agoI think the bigger problem with Coinbase is how they rescinded job offers. Management either didn't know a layoff was coming a few weeks ahead of time or it didn't get communicated to recruiters.
- lovehashbrowns 4y agoHave yet to experience a rescinded job offer but god damn that’s my biggest fear in life. Moving to a new place for a new job and getting royally fucked. Bit less of an issue nowadays with more remote jobs, though. Just went through this on a move to Austin from Chicago. I was legitimately scared for my life until the end of my first day at the new job. I have savings, of course, but the pressure is still there.
- alldayeveryday 4y agoOne tactic I have seen employees take is to agree to relocate within the first N days of starting a new job. This gives the employee the ability to start work, making sure the company is not going to rescind the offer, and to generally get a feel for things before they completely uproot themselves to a new city.