this post was submitted on 08 Apr 2024
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FIRE (Financial Independence Retire Early)

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FIRE is a lifestyle movement with the goal of gaining financial independence and retiring early.


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[โ€“] sugar_in_your_tea 5 points 5 months ago (1 children)

9 months severance. Here's how I see it:

  • layoffs - always awkward, and ticks people off; also, if they're laying off my team, I'm probably getting axed soon anyway
  • severance - basically paid vacation, I can easily find a job in that timeframe

I'm the type that would always take the fall for my team too, that's just who I am. I wouldn't even think twice about it or even bother running the numbers.

[โ€“] [email protected] 4 points 5 months ago

When I look at what they're creating, I can see that they are trying to protect a lot of the "in" leaders and so they're laying off too many workers and keeping too many leaders. I have no doubt they'll have to make leadership cuts next year since they are approaching this completely backwards, so I definitely don't see staying as "safe".

I'm optimistic that I'll be able to find a job quickly enough that the severance is actually a bonus, but I haven't looked for a job in a long, long time, so I might be deluding myself. I have enough connections in the company that I could probably land something else, but the idea of taking a little break sounds nice. We just had a major reorg last year (when they should have made this change) that has been brutal to implement. We are just now getting stable from that and this is going to hit my employees hard.