In recent weeks, throngs of blue-chip and start-up technology companies are trimming down their workforces in the wake of a looming recession.On July 26, e-commerce giant Shopify terminated 10% of its workforce, adding about 1,000 workers to the unemployment line.
As employers announce terminations in the media, many are using their press releases to share details of the termination packages being given to employees, and in some cases going so far as to call them “generous.” Companies may be claiming this for public relation and other reasons but that does not make it so. Terminated employees must do their own due diligence when terminated to determine their respective rights and entitlements when terminated.
If you have been released from the tech industry, here are some pay and perk elements you may be entitled to:— Your termination letter may proclaim it’s being generous but it’s prudent to consider how long it may take you to find a similar job and compare that against the offer on salary, often referred to as the notice period.
Q. During the pandemic I was able to work from home. I suffered from alcohol dependance. Flowing from that, I admit that I missed some critical moments at work, including meetings and sometimes missed deadlines. I also missed a pretty important one-on-one with my supervisor. I am thankfully on the road to recovery, but I know I am not in a positive place at work. I know for sure my boss is upset with my performance.
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