Hacker News new | past | comments | ask | show | jobs | submit login

That seems pretty standard to me.

Here the law mandates a three months notice. Then severance depends of how long you have worked for the company. It is a quarter of a month per year you have been employed for the first ten years and a third of a month per year after that.

But this lay off would most likely be illegal here anyway. You have to face a downturn or unforeseen events impacting your ability to compete to do mass layoff here and Meta is still hugely profitable. This is putting your shareholders before your employees.

Generally when you want to downside here, you compensate people who agree to leave and the sums involved are more generous than what Meta is giving.




Consider applying for YC's Spring batch! Applications are open till Feb 11.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: