this post was submitted on 02 Mar 2024
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Hands up if you want to volunteer for layoffs, IBM tells staff (www.theregister.com)
submitted 8 months ago* (last edited 8 months ago) by misk@sopuli.xyz to c/technology@lemmy.world
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[โ€“] meco03211@lemmy.world 26 points 8 months ago* (last edited 8 months ago) (1 children)

Generally it is proffered with a severance package that invalidates the unemployment. The package is likely better than what you'd get with unemployment and saves the company money by not increasing their unemployment insurance.

[โ€“] assplode@kbin.social 2 points 8 months ago

Depends on the jurisdiction. I got a decent severence and was still eligible for unemployment in WA state USA.