Just got off company announcement, here are the key details:
- the departure affected 10% of the company
The benefits include:
- 2.5 months of severance, plus one week for every year of tenure
- 3 months of health insurance
- 1 year cliff for RSUs waived for new employees. In cases where employees did not get equity, they get a lump sum payout
- Visa holders get one 30-minute paid consultation with an immigration attorney
- Voluntary self departures accepted until 12PM tomorrow, but self-departures only get 2.5 months (tenure not factored in severance)
