Thread regarding Seagate Technology Inc. layoffs

Severance

It's very likely just a misunderstanding, but someone told me that I shouldn't get my hopes up for the package, which is the main reason I'm still here after all.

Can someone please tell me if there have been any changes in the severance plan recently?

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| 2153 views | | 2 replies (last September 23, 2022) | Reply
Post ID: @OP+1iR2rqbt

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I heard the ones last month got the old standard severance but don't take that as fact.

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Post ID: @gmm+1iR2rqbt

In the Us the documented policy used to be 2 weeks plus one week for every year's up to 5, 2 weeks for every year after 5. That policy was taken down years ago. Previously it was 2 weeks plus 2 weeks for every year. Both were capped at 52 weeks.

Any idea what it is now after last month in the US?

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Post ID: @wcl+1iR2rqbt

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