Large companies may be effectively required to give a lot of severance for large layoffs to avoid having to announce layoffs in advance - see e.g. the Californi

Large companies may be effectively required to give a lot of severance for large layoffs to avoid having to announce layoffs in advance - see e.g. the California WARN act. https://edd.ca.gov/en/Jobs_and_Training/Layoff_Services_WARN https://edd.ca.gov/en/Jobs_and_Training/Layoff_Services_WARN