How to Handle Severance When You Are Laid Off in a Mass RIF

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How to Handle Severance When You Are Laid Off in a Mass RIF

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Lucas and Luna dive into the unique challenges of surviving a mass reduction in force or RIF. Unlike a personal layoff where you can negotiate one-on-one, mass RIFs come with standardised severance formulas, accelerated timelines, and often a signed waiver that bars you from suing. They walk through the typical 2-weeks-per-year-of-service rule, what happens to unvested stock grants, and the crucial 21-day review window under the Older Workers Benefit Protection Act. Using the 2023-2024 tech layoff wave as a backdrop, with examples from companies like Meta and Google, they break down the key tactical questions to ask HR, when it makes sense to sign the agreement immediately versus waiting the full 21 days, and how to prepare your personal finances during the quiet period. They also discuss the emotional whiplash of surviving multiple rounds, only to get cut in a later wave. #Severance #MassLayoffs #RIF #ReductionInForce #Layoffs #TechLayoffs #EmploymentLaw #OWBPA #WorkforceReduction #Negotiation #HR #CareerAdvice #JobLoss #BouncingBack #FexingoBusiness #BusinessPodcast #LayoffPodcast #Careers Keep every episode free: buymeacoffee.com/fexingo

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