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ggoo 2 hours ago

> The packages for departing employees will include the equivalent of their full base pay through the end of 2026. Healthcare coverage is different across the globe, and if you’re in the United States, we’ll continue to provide support through the end of the year. We are also vesting equity for departing team members through August 15th, so they receive stock beyond their departure date. And, if departing team members haven’t hit their one-year cliffs, we are going to waive those and vest their pro-rated equity through August as well.

The announcement reads as pretty heartless to me, but this is a very, very nice departure package

doggo_mate 2 hours ago | parent [-]

In Europe they’re pretty much obligated to provide this package

flumpcakes 2 hours ago | parent | next [-]

Definitely not true in the UK. This is extremely rare for it's generosity. I've never seen anything like this in the UK.

everfrustrated 2 hours ago | parent | prev | next [-]

Complete fiction. Over covid it was common in big tech layoffs to get much less severance in Europe than US.

tick_tock_tick an hour ago | parent | prev [-]

As a general rule USA Tech is much nicer to their employees both when working and during a layoff then Europe.