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| ▲ | wayeq an hour ago | parent | next [-] | | i assure you they don't do that to be generous, they do it to get you to sign a piece of paper which reduces their legal risk profile | |
| ▲ | kibwen 3 hours ago | parent | prev [-] | | Companies with less than 20 employees aren't federally required to offer COBRA. Companies larger than that are required to offer at least 18 months of coverage. I don't know how large your old company was, but Coinbase is large enough that this offer, rather than being generous, sounds illegal? https://www.dol.gov/sites/dolgov/files/ebsa/about-ebsa/our-a... | | |
| ▲ | tkzed49 2 hours ago | parent [-] | | They're offering to subsidize the cost that the individual would normally pay for COBRA coverage. They're only required to offer the coverage, but not to pay for it. However, I don't think this is that unusual in SV layoff packages. | | |
| ▲ | ryandrake 2 hours ago | parent [-] | | If so, that's really generous, given the cost of having to pay for COBRA. Either way, I'd still be shitting my pants. 16 weeks is not a lot of time to find another job in today's environment. I know devs who have been out of work for years and had to resort to stocking shelves at Home Depot to tread water. | | |
| ▲ | abnercoimbre 2 hours ago | parent [-] | | Yep, I also know of multiple devs going into nursing. It used to be the other way around! |
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