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this post was submitted on 05 Feb 2024
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What’s crazier than your weirdly combative, out of touch comment is the fact 6 other people decided to upvote it.
When large corps make news laying off 30% of staff, those people are getting severance packages.
Did you get lost and end up in the 1850s?
Been part of large corp. Was laid off during a “reduction in force”. No severance.
Non-union/non-CBA covered staff have no legal mandate to receive severance (depending on state). Severance is exclusively between the employer and employee.
Severance today is pretty much and attempt at hush money. In order to get the money, you usually have to agree to not sue them, and keep company information secret. They also often try to toss in non-compete clauses into the terminology.
The more risk you are to the company, the larger the severance package is.
My first layoff, I knew the entire companies 5 year plan (I wrote it) and was debating a hefty lawsuit against the head of HR and CEO for illegal termination and retaliation = Full-year severance + full benefits and a placement service. Gave me time to reassess swap to a different area of the industry.
My second layoff, I knew all of the companies suppliers, plans and strategies. They laid me off and only gave me 10 weeks of severance. I have since fucked them over by talking 95% of their suppliers and over half of their customers. They have had 10% layoffs every year since then. They should have paid me more.
Damn I really fucked up by just ensuring my employers continue to produce products for a living
I was an Assistant Manager of a well-established, popular restaurant franchise about eight years ago now. Business was fine, probably showing a modest black line on their financial reports.
"This location is no longer in operation."
That's all the advance notice I received when I arrived for my scheduled shift and all the doors were locked. No two-week-notice, no severance package.
Publicly-traded corporations don't care about their employees, their only concern lies within how to spend as little money as possible. Employee benefits included.
Sure, and people in tha industry regularly quit with no notice to. So not really what the cartoon was talking about.
One demographic are folks who appreciate their employment and subsequently lose said job because of corporate decision, while the other demographic you state are people who make the conscious decision to quit a job. That's comparing apples to oranges and making a blanket statement about all workers within that industry, or honestly any given industry. Your argument is moot.
It's not weirdly combative or out of touch. Here's some data that says about 1 out of 3 employers offer severance. I've read elsewhere that number might be around 40-42%, but it also appears to fluctuate quite a bit from year to year. https://www.nelp.org/publication/fired-with-no-reason-no-warning-no-severance-the-case-for-replacing-at-will-employment-with-a-just-cause-standard/