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Thanks for posting this - I was curious about the severance package. I'd consider three months' pay borderline "generous". I see two weeks' as the baseline, an
by Ancapistani 4y ago
Thanks for posting this - I was curious about the severance package.
I'd consider three months' pay borderline "generous". I see two weeks' as the baseline, and anything over six weeks as "good".
My understanding of the WARN Act is that it requires 60 days "notice". It sounds like Twitter is giving 90 days notice along 90 days of mandatory PTO, effective immediately.
Having been laid off relatively recently (~2 years ago) and actively involved in hiring today, I expect that's not going to be long enough to seamlessly move to a new position, but it should be enough time and money to cut things back and weather the transition without dipping into savings - assuming you have savings, of course.
- s1artibartfast 4y agoYeah, Stripe gave a similar severance and the top comment is how generous it is. https://news.ycombinator.com/item?id=33450753 https://news.ycombinator.com/item?id=33450753