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They gave you two whole hours, huh
Truth. And some of the independent agencies can be even more cruel.
Whoah, makes me want to apply for a job there. Before the next round of layoffs.
Seriously. I do not feel bad for these folks. They got incredible pay, benefits, equity, etc. and now incredible severance. They’ll all be fine.
I was recently laid off and got a pittance of a severance but worse is right before bonus time so now won’t get my yearly bonus
I especially love all the CCO posts and other ad industry execs joining in the “my network is open to you” posts like never saw y’all do that whenever an agency lets off a whole team which happens like every quarter somewhere.
Correct
Rising Star
It’s actually even better:
- 16 weeks plus 2 weeks per year tenure.
- Accelerated vesting for the quarter’s equity
- Benefits for 6 months
I know of people who got 32 weeks severance. 🤯
Facebook is doing these people a favor tbh.