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US law generally requires either 60 days notice of a mass layoff or 60 days pay in lieu of advance notice. So 2 months pay for an immediate termination isn't g
by gamblor956 2y ago
US law generally requires either 60 days notice of a mass layoff or 60 days pay in lieu of advance notice.
So 2 months pay for an immediate termination isn't generous, it's legally required.
However, the additional severance 1x week pay/year is generous in comparison to other companies conducting layoffs of this size.