3 ms·
Christmas is 2 months away, and they're getting 4 months severance and many companies ramp up hiring in January...what's your point exactly?
by bluedevil2k 4y ago
Christmas is 2 months away, and they're getting 4 months severance and many companies ramp up hiring in January...what's your point exactly?
- disgruntledphd2 4y agoThis is a terrible time to get laid off, as no one will be interviewing till the new year.
- bluedevil2k 4y agoHence the 4 months of severance, which keeps them paid until mid-March.
- doublerabbit 4y agoRight. January and February are write off months, not much happens. So by March you still have no job and no more income. A new job including job search takes around three months. A round of interviews, signing of contracts, background checks and then finally a month of work before you get your first pay check. That takes you to May. Thats if you pass the interviews and are chosen to be the employee.
- hellweaver666 4y agoThe way things are going, not many people will be interviewing next year either. There may be a few openings for attrition but they will slow too as there are less places for people to leave to. In this kind of environment employees are going to hunker down and wait for things to pick up (and hope they don't get laid off). I think a lot of people being laid-off are going to struggle to find employment at anything even close to the kind of level of reward they're used to at the big tech companies (because you just know the people that are hiring are going to take full advantage of the sudden glut of developers to pay less!)
- justinator 4y agoI'm sure one's wife will completely understand.