Thread regarding Riverbed Technology Inc. layoffs

Did anyone get a decent deal?

After the May 2017 round, I managed to at least get paid until the end of January 2018 which is around 8.5 months worth. What is the deal this time?

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| 3331 views | | 10 replies (last July 25, 2019) | Reply
Post ID: @OP+105YMurr

10 replies (most recent on top)

from what I heard the payout in Singapore was 1 mth for a year worth of service ...that trumps the US office payout hmmm
Guess some stragglers were holding out for that heh

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Post ID: @8zif+105YMurr

From what I've heard, USA people capped at 6 months regardless of tenure there. Plus the law 2 months required.

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Post ID: @2ijh+105YMurr

Anybody neg higher than 1 month p/year plus notice?

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Post ID: @1cbq+105YMurr

1 month per year + notice + accrued vacation. B class at 3c so no change from 2015

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Post ID: @1vtz+105YMurr

Does anyone know what is it in Singapore ? Heard it’s a very generous payout compared to the previous lay-off exercises...1 yr for 1 mth of service capped at how many months ?

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Post ID: @1qkn+105YMurr

class-B share buyback price ? still at 3 pennies ?

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Post ID: @1ecu+105YMurr

I’m happy with it.

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Post ID: @cqz+105YMurr

Ok same deal as in 2017 - max 8 months plus accrued vacation payout.

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Post ID: @pti+105YMurr

They max at 6 yrs

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Post ID: @dqm+105YMurr

In general, 2 months Warren Act, 1 month for each year of employment.

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Post ID: @qkj+105YMurr

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