Wouldn't it be smarter to wait for severance?
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It’s always easier to find the right fit and negotiate benefits when you are employed. You are not under pressure when you have a job and can wait until you find something you like and negotiate the pay and benefits.
I left of my own accord. Felt like the weight of the world was lifted off my shoulders! You must realize that you are not promised a package or severance of any kind. Waiting for something that may or may not happen is crazy. Ohhh … and there are those loopholes for the company should they sell or suddenly suffer a big decline in revenue. Get out and save yourself the turmoil.
It’s a game. Make sure you don’t get played. The machine consumes you and before you realize it, you life is faded. Bail out with that Vcip in the back pocket.
I finally had enough being gaslit every year. 10 years same SGL and it took that same amount of time to reach midpoint. It was always do these things to fix perceptions then next year a promotion. It just wasn’t going to happen with the ex CIO in place. An opportunity came up, the risks were low. It all came about in a week’s time. My former boss had just told others his team was finally full the day before I resigned.
My last day, which was July 5, I walked myself out.
@bj fully agree, shame to work for them
In my case, I didn't want to wait until everyone just like me was also looking for a job at the same time, flooding the market. When a good opportunity came up, I took it. Not worth the stress of being unemployed for the chance of getting severance.
Toxicity will drive you.
I would much rather leave on my terms than sit across a table from the HR VP and have him parrot the company propaganda about my position is no longer needed.
For some it may not be worth sacrificing their mental and physical health from all the stress of waiting for severance. In other instances there may be immigration status concerns. Plus, package offers have varied wildly across organizations, and there's nothing in the books that would keep p666 from actually firing employees under whatever pretext--it has happened in the recent past. Also, not having accumulated sufficient savings & having significant recurring expenses, concerns over kids' school/college prospects, or ailing parents to worry about, aren't compatible with volatile/unstable employment. Various reasons & the more unpredictable the company gets the more severe the attrition--quite possibly it may even be a deliberate HR strategy since a quitting employee is so much cheaper than one that stays put till the end.
Some folks move on to a less volatile employer?
Some folks decide to leave on their own terms?
Those are the questions you should be asking...