10% employees will be laid off soon. Does anybody know what’s the compensation package does Micron offer? Thanks!
3 replies (most recent on top)
From what I recall from past layoffs in the USA, Micron provides severance packages that are a multiple of weeks of pay based on years of service as well as payout of vacation time at 50%. The packages in other countries will very and will typically be more generous due to local laws.
Most likely the severance will be a single carboard box and your own personal security detail to escort you out the door, nothing more.
Probably nothing.