[southphillyman]

I hate that there is such a double standard with this. Corporation can eliminate my employment at any time with zero notice and suffer minimal reputational impact. If I decide to quit right now and walk out of my office, I have to worry about long lasting reputational issues and "burning bridges". I get why it's like this, corporations have all the leverage, just hate that the dynamic exists.

[nonamechicken]

Almost all of the Indian IT companies have a 3 month notice period. If we were to quit before that, we may not get the service certificate which would be needed for a new job.

At the same time, they can fire us (usually being called into HR room and forced to resign) at will. Even if there is any compensation, it will be 3 months basic pay (basic is only a percentage of the full salary).

Thus we get to enjoy the bad things of capitalism without any of the protection it offers.

[s73ver_]

"Thus we get to enjoy the bad things of capitalism without any of the protection it offers."

As it is, I think you do have all the protection capitalism offers.

[planteen]

In general, there is some sort of severance that is at least 2 weeks plus some additional days based on years of service.

[lovich]

I don't know if it's different on the east coast but I have never met a single person whose gotten any severance. About the nicest I've seen from companies is them saying "we won't dispute your unemployment claim"

[planteen]

From big companies? Which ones? And my limited understanding of labor law is that Massachusetts has more regulation on this sort of thing than most states.

Read https://www.thelayoff.com and typically any big companies layoff discussion will mention the severance package being offered.

https://www.thelayoff.com/t/Plt3gwU

[lovich]

I never experienced mass layoffs, just a slow removal of employees. Either outright firing, but one at a time, or some aspect of the job was changed abruptly and in a manner that garunteed people would leave. Those positions then wouldn't be backfilled. It's not doable on a scale of 1000s but it was doable on a scale of 30-40

[stale2002]

To be fair, usually when companies lay people off with no notice, in these high profile layoffs, they will include severance (aka, a fat chunk of money).