Comment by asumaran
17 hours ago
That was my experience at Automattic. When we were offered nine months’ pay to leave, I still believed things would improve, so I chose the “stability” of staying. In hindsight, that was a costly mistake.
A few months later, I was laid off anyway, with severance nowhere near what either of the two buyout offers had included. I regret passing up the offer because I trusted the company and believed things would get better. I spent several months out of work, burned through my savings, and am still feeling the financial effects today.
That doesn’t tell us what this company’s target is, but a voluntary buyout certainly doesn’t rule out layoffs later. If I were facing that choice again, I’d take the buyout in a heartbeat
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