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Severance is not required by law. It’s generally given to avoid lawsuits.
Personally I’d like to see a law around severance. I think it should be expensive to lay employees off. 401k should vest. Stock options should vest and severance should be a minimum of six months.
Severance is not required by law. It’s generally given to avoid lawsuits.
Personally I’d like to see a law around severance. I think it should be expensive to lay employees off. 401k should vest. Stock options should vest and severance should be a minimum of six months.