Thread regarding Micron Technology Inc. layoffs

Severance Package?

60 days’ pay?

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| 3561 views | | 8 replies (last February 10, 2023) | Reply
Post ID: @OP+1l4DYxYz

8 replies (most recent on top)

Here is the pay schedule:
Years of Service Severance Weeks of
Pay
Less than 3 years = 9
3 to less than 5 year = 10
5 to less than 6 11
6 to less than 7 12
7 to less than 8 13
8 to less than 9 14
9 to less than 10 15
10 to less than 11 16
11 to less than 12 17
12 to less than 13 18
13 to less than 14 19
14 to less than 15 20
15 to less than 16 21
16 to less than 17 22
17 to less than 18 23
18 to less than 19 24
19 or more 2

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Post ID: @3mfo+1l4DYxYz

For the most part it is N + 6. If you're under 5, it's slightly different.

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Post ID: @3ccu+1l4DYxYz

For US employees it is usually something like a week pay per year of service. If someone with 7 years got 13 weeks it is probably more 2 weeks per year if they were between the 6th and 7th year.

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Post ID: @1pcr+1l4DYxYz

n+6? 6 is 6 weeks or 60 days or 6 hours?
This is so confusing

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Post ID: @1hfb+1l4DYxYz

So it’s N+6? What about WARN act? Do they stay on payroll for 2 months?

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Post ID: @1fgx+1l4DYxYz

I think they hit 7 years

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Post ID: @wey+1l4DYxYz

13 weeks are for how long at Micron?

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Post ID: @xqo+1l4DYxYz

It's based on how long you were at Micron. Someone I know got 13 weeks full pay.

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Post ID: @zre+1l4DYxYz

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