Thread regarding Corinthian Colleges Inc. layoffs

Severance is one week per year with a minimum of 2 weeks so I worked there one year and was given 2 weeks pay and all my leftover vacation days. However, it is all taxed at a bonus rate so 40% goes to taxes. You barely get half of the gross pay. You do get to keep your insurance until the end of the month. The cobra is HUGE. 1323 for 2 people on the PPO per month and that did not include vision and dental.