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Meta lo 11,000 employees layoff.


andhrabullet

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Some of the details in the US include:

  • Severance. We will pay 16 weeks of base pay plus two additional weeks for every year of service, with no cap.
  • PTO. We’ll pay for all remaining PTO time.
  • RSU vesting. Everyone impacted will receive their November 15, 2022 vesting.
  • Health insurance. We’ll cover the cost of healthcare for people and their families for six months.
  • Career services. We’ll provide three months of career support with an external vendor, including early access to unpublished job leads.
  • Immigration support. I know this is especially difficult if you’re here on a visa. There’s a notice period before termination and some visa grace periods, which means everyone will have time to make plans and work through their immigration status. We have dedicated immigration specialists to help guide you based on what you and your family need. 

 

pretty good 

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29 minutes ago, Netflixmovieguz said:

Some of the details in the US include:

  • Severance. We will pay 16 weeks of base pay plus two additional weeks for every year of service, with no cap.
  • PTO. We’ll pay for all remaining PTO time.
  • RSU vesting. Everyone impacted will receive their November 15, 2022 vesting.
  • Health insurance. We’ll cover the cost of healthcare for people and their families for six months.
  • Career services. We’ll provide three months of career support with an external vendor, including early access to unpublished job leads.
  • Immigration support. I know this is especially difficult if you’re here on a visa. There’s a notice period before termination and some visa grace periods, which means everyone will have time to make plans and work through their immigration status. We have dedicated immigration specialists to help guide you based on what you and your family need. 

 

pretty good 

Nice severance 

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1 hour ago, perugu_vada said:

Ilanti package isthe nannu lay off cheyamani chepta ma manager ni .. hayiga 20+ weeks pay ostundi 1-2months tarvatha job search cheskunta 

silly question.layoff ayina 2 weeks lo inko job vachina, previous company severance pay cheyala.Is it like unemployment benefit?

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5 minutes ago, terminator_desi said:

silly question.layoff ayina 2 weeks lo inko job vachina, previous company severance pay cheyala.Is it like unemployment benefit?

Severence is money given to you for laying off ..dantho nuv em cheskuntav anedi pointless

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4 minutes ago, terminator_desi said:

silly question.layoff ayina 2 weeks lo inko job vachina, previous company severance pay cheyala.Is it like unemployment benefit?

Not unless you join the same company. chaala mandi verey job confirm ayyaka manager tho matladi layoff cheyinchukuntaru. Doesnt work all the time but it worked some of my coworkers few years back. Its is like a bonus basically  

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1 hour ago, Netflixmovieguz said:

Some of the details in the US include:

  • Severance. We will pay 16 weeks of base pay plus two additional weeks for every year of service, with no cap.
  • PTO. We’ll pay for all remaining PTO time.
  • RSU vesting. Everyone impacted will receive their November 15, 2022 vesting.
  • Health insurance. We’ll cover the cost of healthcare for people and their families for six months.
  • Career services. We’ll provide three months of career support with an external vendor, including early access to unpublished job leads.
  • Immigration support. I know this is especially difficult if you’re here on a visa. There’s a notice period before termination and some visa grace periods, which means everyone will have time to make plans and work through their immigration status. We have dedicated immigration specialists to help guide you based on what you and your family need. 

 

pretty good 

you are missing the "base pay" phrase. Base pay are low in most faang companies. its stock rsu which pushes their pay to 300-500k. So yea not great.

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8 minutes ago, terminator_desi said:

silly question.layoff ayina 2 weeks lo inko job vachina, previous company severance pay cheyala.Is it like unemployment benefit?

Same company lo verey role theskunte NO. Bayata verey company lo job osthe vadiki Enduku .. he will not know

i think companies ki evo tax calculation lo thostharu .. Leda e range lo compensations ante bokka kada 

definite part of it ni malli hire cheskuntaru .. 

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5 minutes ago, Telugodura456 said:

you are missing the "base pay" phrase. Base pay are low in most faang companies. its stock rsu which pushes their pay to 300-500k. So yea not great.

Still 6-7months pay + insurance pukat lo isthe Enduku odhu antaru .. ofcourse I am only talking about those are us citizens and gc holders 

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Just now, perugu_vada said:

Still 6-7months pay pukat lo isthe Enduku odhu antaru .. ofcourse I am only talking about those are us citizens and gc holders 

6-7 months ante almost 26-30 weeks. Then they should have atleast 5-7 years of service.

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