5 ms·

Sounds to me like it's going to be either take the "voluntary exit" with the severance, or if you don't then eventually get let go without one.

by itg 2y ago

eesmith 2y ago
Don't forget to factor in unemployment benefits, which typically don't apply if you quit.
mandeepj 2y ago
Severance would be there even if you are let go i.e laid off
- Suppafly 2y ago
  >Severance would be there even if you are let go i.e laid off Depends on their employment contract, I don't think it's necessarily guaranteed.
  - HamsterDan 2y ago
    It's not guaranteed, but Google does give you severance if you're fired for low performance. I'd assume you have to agree not to sue them in order to get it though.
  - snailmailstare 2y ago
    The rules are complex but if a company wants to lay off many people in one location they have to give notice in advance and usually choose to just payout that notice time.
plorkyeran 2y ago
Voluntary exits are pointless if you're planning to lay off the entire team. It usually means that they're keeping part of the team, and want to make sure that they keep the part that'll actually stick around.
- musicale 2y ago
  > want to make sure that they keep the part that'll actually stick around The part that can't easily get jobs elsewhere?
  - Tostino 2y ago
    You realize a whole lot of people don't actually enjoy job hopping, right? Doesn't always mean they are low performers.
dntrkv 2y ago
It's most likely an attempt to give low performers (if you received a bad rating for last year) a chance to leave on your own terms before they lay you off. If I was in that bucket I would definitely take this offer. Looks like all the large tech companies are doing aggressive stack ranking right now.
- ryandrake 2y ago
  The job market is terrible right now. More likely the high performers will take the offer because they believe they have better chances of being rehired somewhere else. Good luck to them though. Assuming the events are independent, P(you get laid off) x P(you don't find a new job) will always be less than 1.0 x P(you don't find a new job)
  - HamsterDan 2y ago
    If I already had a solid offer somewhere else, I'd take the severance. If I didn't, I wouldn't leave it up to chance, and I can't imagine many other people would. With only three weeks to make decision, my guess is high performers aren't going to start looking for new jobs now unless they were already looking to begin with. From the wording of the message, it sounds like Google is okay with losing the group that was already looking.

Sounds to me like it's going to be either take the "voluntary exit" with the severance, or if you don't then eventually get let go without one.

by itg 2y ago

Sounds to me like it's going to be either take the "voluntary exit" with the severance, or if you don't then eventually get let go without one.

eesmith 2y ago

Don't forget to factor in unemployment benefits, which typically don't apply if you quit.

mandeepj 2y ago

Severance would be there even if you are let go i.e laid off

Suppafly 2y ago
>Severance would be there even if you are let go i.e laid off Depends on their employment contract, I don't think it's necessarily guaranteed.
- HamsterDan 2y ago
  It's not guaranteed, but Google does give you severance if you're fired for low performance. I'd assume you have to agree not to sue them in order to get it though.
- snailmailstare 2y ago
  The rules are complex but if a company wants to lay off many people in one location they have to give notice in advance and usually choose to just payout that notice time.

plorkyeran 2y ago

Voluntary exits are pointless if you're planning to lay off the entire team. It usually means that they're keeping part of the team, and want to make sure that they keep the part that'll actually stick around.

musicale 2y ago
> want to make sure that they keep the part that'll actually stick around The part that can't easily get jobs elsewhere?
- Tostino 2y ago
  You realize a whole lot of people don't actually enjoy job hopping, right? Doesn't always mean they are low performers.

dntrkv 2y ago

It's most likely an attempt to give low performers (if you received a bad rating for last year) a chance to leave on your own terms before they lay you off. If I was in that bucket I would definitely take this offer. Looks like all the large tech companies are doing aggressive stack ranking right now.

ryandrake 2y ago
The job market is terrible right now. More likely the high performers will take the offer because they believe they have better chances of being rehired somewhere else. Good luck to them though. Assuming the events are independent, P(you get laid off) x P(you don't find a new job) will always be less than 1.0 x P(you don't find a new job)
- HamsterDan 2y ago
  If I already had a solid offer somewhere else, I'd take the severance. If I didn't, I wouldn't leave it up to chance, and I can't imagine many other people would. With only three weeks to make decision, my guess is high performers aren't going to start looking for new jobs now unless they were already looking to begin with. From the wording of the message, it sounds like Google is okay with losing the group that was already looking.