Anyone affected by last weeks layoffs willing to share their severance package and amount of notice given before exit day?
14 replies (most recent on top)
15 years in EMEA. Got 6 month notice period (not working) + 13 months severance (avg salary incl bonus past few years). No non-compete.
What happens if you have 4 months left to RSU Payout?
You get zippo. Nada. Zilch.
What happens if you have 4 months left to RSU Payout?
when will RSU vesting time stop advancing? for example if you have one more month before some RSU vesting, will the package time covers that additional month?
Yes, they round up.
If someone is getting notice, what country is this in?
Whenever things have gone down in the US, the emails always say "today is my last day". It seems these people did not get a notice period.
30 days notice on this last big one (15 days for prior ones). Then 4 weeks base with an additional week per year of service.
Get all your medical appointments in and SPEND your FSA balance! After term day- you can’t get to that money.
2 weeks notice before exit day, severence as stated in previous comments
Does anyone know if they round up? For example does 2 years 9 months = 3 years from a severance perspective?
Was there a 30 day period too?
4+1/year of service & 1 month of COBRA insurance.
No real layoffs to write home about sorry folks
Layoffs are not done yet.
4 weeks for first year + 1 week each for rest of your service