What is the average severance when you get laid off for tech companies?

I don't know why everyone is making a big deal out of layoffs. Even the ones who laid off are not that concerned than the ones who comment. Laid off employees literally get free money upwards of 10 lakhs in many cases of senior developers who are laid off from top tech startups. Companies pay severance equal to 3-6 months salary of laid off employees. Some even offer other benefits as well. I personally know a couple of Devs who got around ~9-10L in severance pay. So, yeah if there are layoffs happening in funded tech startups or leading tech companies, considering their pay range, laid off employees get handsome severance pay including employee benefits

I am a L4 manager in amazon. My entire team has been asked to go, now i am concerned about my carrer. It ia so sad that our Indian government doesn't support us. My future is now uncertain. I wish we had someone to stand up for us.

Whats the severence package given to employees laid off in Jan 23 from Amazon, the news reports says 5 months pay, is it that strainght forward

After the recent acquisition by UBS. How's the scenario for the current employees of Credit Suisse now?

I am a manager with ~18 years of experience with my company in Bangalore, a wholly owned subsidiary of an American company, and I have heard that they will shortly be doing a closure of their India operations and laying off all the Indian employees. I wanted to get an idea of the market standard severance packages that are paid to manager level employees before going into negotiations with them? What is usually offered? And what am I legally entitled to? Any other advice is greatly appreciated!

Mass layoffs at Miq Digital ! Impacted myself. Open for roles in analytics & datascience. Please help on this network.

Similar modus operandi like Byjus, apparently this helps company to save cash on severance package payments.