from Hacker News

Take the Money and Run?

by fvrghl on 8/21/23, 4:32 PM with 4 comments

I work at Big Tech Co, and I recently had my "role eliminated".

I was offered 90 days to find a new role within the company, and if I can't find one I get 6 months severance.

There have been multiple rounds of layoffs at my company, so it's unclear when they would stop doing them (if ever).

Unsure if I should spend the next 90 days doing interview prep and take the severance, or try to find an internal position and hope I don't get eliminated again (with a worse severance).

I think I might already have an internal position lined up FWIW, but for anyone else who has gone through layoffs:

Should I take the severance no matter what (i.e. it's only going to get worse here)?

  • by greatgib on 8/22/23, 7:11 AM

    Usually, this kind of company is just going worse and worse. The atmosphere will be shitty. And good luck getting a raise, a budget for something or have your laptop renewed.

    It's usually better to go somewhere else and find a place where you will feel better and less insecurity.

  • by mydriasis on 8/21/23, 4:34 PM

    If you get six months' severance and find a job before the six months is up, do you get to double-dip?