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aaronsimpson
on June 14, 2022
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Coinbase Announces 18% Layoffs
> Minimum of 14 weeks of severance plus an additional 2 weeks for every year of employment beyond 1 year.
This feels super generous to me. Is it standard par for growing companies and Silicon Valley?
nsxwolf
on June 14, 2022
[–]
Yeah that seems huge. After 3 years at an SF-area company (not SV), I got 4 weeks severance. Barely enough to make it until unemployment kicks in, or get the ball rolling on interviews.
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This feels super generous to me. Is it standard par for growing companies and Silicon Valley?