I am annoyed that mass layoffs are happening often enough where creating a severance calculator makes sense… yet here we are.
I was part of Meta’s May 2023 “year of efficiency” layoffs, so this week's post is personal to me.
For Meta employees, the date is set for May 20th, when 10% of Meta’s current workforce will be let go. That is roughly 8,000 employees impacted, with signs that this might not be the last layoff this year.
I want to lay out the specific timeline a Meta employee might experience, what to expect if you are impacted.
To help make the estimations a little less annoying, I built a very janky Google Sheet, to estimate your timeline, WARN pay, service-based severance, and PTO payout dates.
My goal is to remove as much uncertainty as possible from the financial side, because the emotional side is hard enough.