5 ms·

Maybe a hot take but 6 months severence is extremely generous, they don't have to give anything. This is basically being spoiled compared to how the rest of the

• gowld 4y ago
  > I'm sure these talented engineers can find new gigs within 6 months Not everyone laid off is an engineer, and even among engineers, how likey is that is all these companies are shedding staff at the same time?
• robocat 4y ago
  Getting laid off can have serious long term consequences. Six months severance is relatively good, but perhaps not enough to cover the losses to an employee (just stating a fact, not saying that companies are only responsible for lifetime of employees). From https://www.nber.org/papers/w13626 https://www.nber.org/papers/w13626 We find that job displacement leads to a 15-20% increase in death rates during the following 20 years. If such increases were sustained beyond this period, they would imply a loss in life expectancy of about 1.5 years for a worker displaced at age 40. It is hard to pick a fair balance between economic needs and human needs, but that is one thing society is supposed to be doing for us all.