this post was submitted on 17 Oct 2024
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It’s hardly like getting fired is a ticket to a 6 month vacation. Misuse of funds like this is tantamount to theft and probably grounds to disqualify you from unemployment benefits. And anyway for these highly paid workers, unemployment is a tiny fraction of what they are accustomed to making. It’s a tough job market out there and Meta laid off another 9,000 this week so it’s a smart move to start job hunting the second you’re unemployed. I know people who have not found work after 1 year. A vacation? Shyeah no.
Exactly. I lost my job during COVID and fortunately the unemployment office found that my "contract position" was actually an illegal "full-time position" and I qualified for benefits. But the benefits were a fraction of my regular salary, even with the increased COVID-era unemployment benefits. It was enough to live on (I was already frugal), but I was certainly motivated to find new work.
I was "fired" because "my job had been eliminated." Had I been fired for misconduct, I wouldn't have gotten any unemployment benefits.
Meta is doing it this way to cut workforce without having to pay severance or unemployment, not because they really care about that $25.
My state would pay them $4400/m for 6 months, assuming they meet the minimum requirements of applying to jobs. And, since it’s a rough market out there, 6 months isn’t really unreasonable.