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My friend has been feeding me information about the acquisition for almost a year now. They work at VMware and they knew about the layoffs months ago. Apparent
by calderwoodra 3y ago
My friend has been feeding me information about the acquisition for almost a year now.
They work at VMware and they knew about the layoffs months ago. Apparently another layoff is coming in 3 months or so with a better package and my friend was estatic to make it past this round and to be included in the next round.
- deleted 3y ago[deleted]
- pokstad 3y agoThe new American dream: holding out for the better layoff package.
- geraldwhen 3y agoIs that not your dream? Why work for years when you can receive years worth of pay in a single paycheck? A good layoff package can advance retirement age significantly.
- bagels 3y agoIt's more typically a month or two of pay.
- LargeTomato 3y agoI only pocket about 20% of my paycheck after mortgage and other expenses. 4 paychecks is 20 months of extra pay.
- geraldwhen 3y agoIt’s not where I work. The packages are truly envious!
- coredog64 3y agoPer Blind, the first round is getting two months severance plus two months of garden leave to allow WARN Act compliance.
- bagels 3y agoYeah, my point being that years of severance pay is an extreme outlier.
- winrid 3y agoI have worked at software places where it was 2 weeks severance, even if on family leave.
- sgift 3y agoPersonally, I would prefer to stay as long as I can in one place, and work on something I really like until retirement. But, I admit, these kind of jobs are rather rare in the modern economy (even though I'm not in the US and from my experience it's a bit better for someone with my wishes here in Germany).
- waveBidder 3y agoSome people aren't completely alienated from the value of their labor.