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Severance

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61–70 of 105 posts

Re: Severance

#61

You can always get together, cleanse the code of any IP entanglements, and compete with the company that just laid you off. Calls like this one are a good time to suggest it--even if only to make them squirm.

If you do it, don't say so in front of witness or where a call might be recorded.

Re: Severance

#62
post #47
post #11

One time when I was in one of these calls. It was pretty obvious it was coming, the company wasn't doing great and there were plenty of whispers. Still, I was pretty upset I was laid off, because it's just not a fun feeling. After the HR person explained the severance and COBRA stuff, I said something to the CTO like "I wish you all the best in trying to save this company, and for the sake of this conversation, let's…

I don't think you hurt their feelings. I don't think you can have feelings and get into any management position.

[dead]

Re: Severance

#63
post #31

Earlier quoted context omitted.

You should have been straightforward and told them to go fuck themselves. Laying people off by a brief call is for cowards.

Is a long one better? Most programming jobs are remote. What's the alternative, exactly?

> Most programming jobs are remote. What's the alternative, exactly?

Maybe in 2021...

Re: Severance

#65
post #3

[flagged]

> it is legally forbidden to have any morals that get in the way of shareholder profit. That isn't true. It's just the favored solution chosen by sociopaths who climb to the top. Maximizing value does not require minimizing overhead to the detriment of future value creation.

Are you sure about that?

https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co.

https://hls.harvard.edu/bibliography/dodge-v-ford-what-happe...

Re: Severance

#66

“What about health insurance?” “Your enrollment will end on the last day of this month, and we will be providing every affected employee with information about extending their coverage through COBRA.” “The last day of the month, so, today?” “Yes, that is correct. On the other hand, our OpenAI and Anthropic accounts are paid quarterly, so you will retain access to your chats and may continue using these tools until th…

During an exit interview as I was going to a new job, they let me know my coverage was good until the end of the month. Me, never able to not say something stupid, "Got it. Don't get hit by a bus on the 1st." Dead silence. HR playing ping-pong with their eyes. They eventually told me something like that had happened to a person who'd just left a few months prior to this. One of these days, I'll learn, yeah?

COBRA can be effective (or is inherently) as of the term date so you have continuous coverage. That said, it’s expensive AF

Re: Severance

#68
I've been in a few meetings like this. In all cases it was because they, as business leaders, were not able to run a profitable company.

That's the most irritating part.

Re: Severance

#69

I know this is a joke, but this is why my coworkers and I were muted during the meeting we were laid off. I received a meeting invite the night before for 9am with two HR people and some middle manager above me that I never met. It was obvious what the meeting was going to be.

No meeting that has an HR person on it is a good thing.

Re: Severance

#70

Earlier quoted context omitted.

During an exit interview as I was going to a new job, they let me know my coverage was good until the end of the month. Me, never able to not say something stupid, "Got it. Don't get hit by a bus on the 1st." Dead silence. HR playing ping-pong with their eyes. They eventually told me something like that had happened to a person who'd just left a few months prior to this. One of these days, I'll learn, yeah?

COBRA can be effective (or is inherently) as of the term date so you have continuous coverage. That said, it’s expensive AF

It seems like it’s become a bit more common for companies to pay part or all of the COBRA premiums for a period after a separation, at least that’s been the case in my last two job losses (one company paid the company part of the premium for six months, the other paid the whole premium for three).
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