{ "media_type": "text", "post_content": "Lots of lay-off convos going on... anyone ever heard of (and utilized) the “engineer your lay-off” approach authored by Fianancial Samurai? Curious on thoughts / results.", "post_id": "5d78ed0cd7c01d0021af8f0e", "reply_count": 8, "vote_count": 2, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

Lots of lay-off convos going on... anyone ever heard of (and utilized) the “engineer your lay-off” approach authored by Fianancial Samurai? Curious on thoughts / results.

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From a legal perspective, asking to me laid off means you’re not entitled to any severance benefits or virtually any benefits when you leave... the author sounds like a moron

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I’m a lawyer familiar with his work and an engineer by training. I laughed at the prospect. Severances are based on enforcing non-competes, avoid unemployment claims, etc. It’s rare that a severance is paid without procuring something from the leaver. “Engineering” your layoff removes many of those threats, because your offer will be considered an offer to voluntarily quit. Most engineers have a better appreciation of leverage.

Not me. What is it?

Isn’t his method asking for it before they approach you? That way you can haggle for more money instead of them coming to you later on. I like his blog but a lot of it is focused towards the finance industry.

I do not have a good grasp of how finance works compared to consulting. However I would be inclined to offer less to someone asking to be laid off and more to someone who didn’t from a legal and emotional perspective. Odds are if your asking you either have a job offer/plan or was just going to retire anyway.

Was wondering the same thing — how to apply such an approach at a massive and decentralized firm. And if anyone had any experience of making it work. I'm not a legal expert, but generally speaking, the idea is to create a mutually beneficial situation for both parties (i.e., employee doesn't quit right away, leaving employer in a bad position). But I'm not sure those conditions exist in consulting to the extent that they do in other industries, like finance (which is Sam's background).

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