JumpyRaccoon
JumpyRaccoon

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

I’ve heard everything from 1 month to 6 months as severance. What’s really the reality?

24mo ago
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QuirkyBoba
QuirkyBoba
Porter24mo

Friends at inmobi got about 3 mos of severance

DizzyPancake
DizzyPancake
PayU24mo

InMobi had layoffs?

QuirkyBoba
QuirkyBoba
Porter24mo

Performance based

BubblyDonut
BubblyDonut

India has severance?

QuirkyBoba
QuirkyBoba
Porter24mo

Labor laws are really bad. You can get away without paying proper severance

BouncyBagel
BouncyBagel

Usually it's whatever is mentioned in your employment contract

WobblyPotato
WobblyPotato

Some companies I know gave the salary of the notice period and unused leaves (excluding sick leaves)

SquishyLlama
SquishyLlama

Majority of the companies give you your experience letter with good recommendation as severance

Rest pay you your notice period

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Hope you get laid-off & get a good severance package! Will see how your job search goes.