Thank you. This sounds like a real plan.
For this specific case, not much. They've been soft-signalling this for at least weeks. H-1B holders have termination date + 2 months to find a new job (both in terms of 4 months severance & in terms of immigration…
I see. Thanks. It's really 30-40k because the 4 months' severance includes the regular pay during the 60 day exit window. The potential is obvious: get something off the ground in 2 months. Do you know what someone…
The suspense lasted 1 minute. The "team update" and cut/no-cut emails went out pretty much simultaneously.
Not in fintech. The big Stripe layoff (14%) was before Twitter. I think Twitter gets a lot more credit than it deserves for the layoff wave, given that companies had already put effort into modeling the ROI of their…
The RSUs are double-trigger. The tax liability doesn't trigger until they become liquid. (source: I got laid off at 4:02 am this morning.)
Could you elaborate? I'm considering this path.
I was affected by this layoff and also don't understand the acid. It's abrupt, for sure, but the writing's been on the wall for months (our internal Blind even called that these would happen before the December…
Thank you. This sounds like a real plan.
For this specific case, not much. They've been soft-signalling this for at least weeks. H-1B holders have termination date + 2 months to find a new job (both in terms of 4 months severance & in terms of immigration…
I see. Thanks. It's really 30-40k because the 4 months' severance includes the regular pay during the 60 day exit window. The potential is obvious: get something off the ground in 2 months. Do you know what someone…
The suspense lasted 1 minute. The "team update" and cut/no-cut emails went out pretty much simultaneously.
Not in fintech. The big Stripe layoff (14%) was before Twitter. I think Twitter gets a lot more credit than it deserves for the layoff wave, given that companies had already put effort into modeling the ROI of their…
The RSUs are double-trigger. The tax liability doesn't trigger until they become liquid. (source: I got laid off at 4:02 am this morning.)
Could you elaborate? I'm considering this path.
I was affected by this layoff and also don't understand the acid. It's abrupt, for sure, but the writing's been on the wall for months (our internal Blind even called that these would happen before the December…