←back to thread

1114 points namuorg | 3 comments | | HN request time: 0.414s | source
Show context
abdj8 ◴[] No.43678249[source]
Layoffs are a difficult thing for employees and their managers. I have seen people (one was a VP of Engineering) escorted out of the building, sent in a cab to home along with a security guard (this was in India), not allowed access to computer or talk with other employees. But, recently have had a very different experience. The current company I work for announced 30% layoffs. The list was made public within one hour of announcement. The CEO detailed the process of selecting people. The severance was very generous (3-6 months pay) along with health and other benefits. The impacted employees were allowed to keep the laptop and any other assets they took from the company. They even paid the same severance to contractors.

After the announcement, the laid off employees were given a few days in the company to allow them to say good byes. I love the CEOs comment on this ' I trusted them yesterday, I trust them today'. This was by far the kindest way of laying off employees imo. People were treated with dignity and respect.

replies(20): >>43678291 #>>43678464 #>>43678562 #>>43678693 #>>43678739 #>>43678898 #>>43679191 #>>43679316 #>>43679496 #>>43680833 #>>43680865 #>>43680993 #>>43681111 #>>43681356 #>>43681653 #>>43681730 #>>43681941 #>>43682960 #>>43700522 #>>43705911 #
apexalpha ◴[] No.43678562[source]
Weird, as someone from Europe I've never experience anything else.

Layoffs here are always done in conjunction with the unions. People are moved to different jobs, helped with training etc...

Only in very critical jobs they'd walk you out immediately but then you still get the pay.

replies(16): >>43678588 #>>43678595 #>>43678619 #>>43678634 #>>43678662 #>>43678680 #>>43678811 #>>43678984 #>>43679117 #>>43679189 #>>43679718 #>>43679848 #>>43679924 #>>43681489 #>>43681924 #>>43692198 #
wiseowise ◴[] No.43679117[source]
> Weird, as someone from Europe I've never experience anything else.

As someone from Europe, I’ve never experienced US salaries. Go figure.

replies(4): >>43679129 #>>43679166 #>>43679255 #>>43679258 #
WhrRTheBaboons ◴[] No.43679258[source]
what about US costs of living?
replies(5): >>43679502 #>>43679860 #>>43680212 #>>43681603 #>>43683021 #
marcinzm ◴[] No.43679502[source]
Many European cities aren't exactly low cost of living, and those that are have even lower salaries.

In the end someone who was working at Google in the Bay Area for 15-20 years can retire if they didn't have life style creep (which is different than cost of living). Not the case in Europe.

replies(1): >>43681869 #
1. Sonnigeszeug ◴[] No.43681869[source]
'Someone who worked at one of the best paying companies in the world can retire after 15-20 years'.

This has nothing to do with Europe. This is particular a tech thing

replies(2): >>43682341 #>>43684659 #
2. zdragnar ◴[] No.43682341[source]
It's a particular tech thing in not Europe, specifically.
3. marcinzm ◴[] No.43684659[source]
Europe has tech companies. They just pay less.