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 ?
No comments yet
Contribute on Hacker News ↗