JumpyLlama
JumpyLlama

Samsung layoff with one year salary.

One of my friend working in Samsung told me that an enployee in Samsung having package of 80LPA. Samsung asked him either agreed on a pkg of 40LPA or take 1 cr and put the paper. He put down the paper and get 1 Cr. After 2 months he joined some other company. What are your views on this

Note: This is not story. This was actually happened last year.

7mo ago
Jobs
One interview, 1000+ job opportunities
Take a 10-min AI interview to qualify for numerous real jobs auto-matched to your profile 🔑
+322 new users this month
SwirlyHamster
SwirlyHamster

He did right

JumpyLlama
JumpyLlama
PWC7mo

Yup

JumpyLlama
JumpyLlama
PWC7mo
image
SillyCupcake
SillyCupcake

That 1cr would have been his severance package. I.e. number of years you worked in a company, that many months of salary at a time of exit.

FluffyLlama
FluffyLlama

I'll take 1 Cr anyday for free

Discover more
Curated from across