Comment by jmclnx

4 months ago

> requent job changes, however, translate into a much smaller severance package

This is the cutest quote I have seen this year.

IBM in the US eliminated its severance real package many years ago, everyone fired gets the same amount, 2 months notice. This translates into a 2 month severance because when you are notified, you loose your system access.

Why 2 months ? IIRC it is due to a loophole in an old Federal Plant Closing Law. I am sure that loophole will be closed before 2028.

I wonder how many other large companies do the same as IBM ?