Severance pay: I am worried about being laid off. Is severance pay the norm in consulting (MBB, OW, ATK, Strategy&)? How did it look like in the past? Any experience?

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I think OP is asking for data points of how firms handled it in 08..

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And to answer your question, my best friend was with MBB and he used to tell me that severance pay was very good. He was an SM though. Again, good luck!!

Maybe they mean EM?

OW: the max of 2 months or 2 weeks for each year worked

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