Startup on H1B
Do startups (in the Bay Area at least) keep you on payroll for 2 months after layoffs like most established companies so I can find a job? What about companies shutting down (cause there won't be an entity of keep you on payroll, so what's generally done?) I'm considering joining a small startup, cover my bases. I couldn't find a post about this in search surprisingly.
If you are considering joining a startup, have this clause in your contract to allow sufficient time for you to search for a job if it's shutting down. It could be in terms of severance spread over a month or two (which means you are still "legally" employed for those months). Another alternative is to ask the founding members (assuming they have connections in big companies) to place you somewhere if the startup goes south, which saves you the stress and hassle of doing Leetcode in a short amount of time and dealing with all the biases with interviewers and hiring.
+1 I'd rely on the former. There no guarantee of placement with the latter
This is a very good point. I forget offers are more malleable from startups. I wonder if most will be willing to play ball though? I mean what if they've drained their money and can't pay for 2 more months? It's not like I have the means to sue them.
NOPE. I was laid off last year, and was basically told day of and was asked not to come in to work from the next day
Usually the let you stay on the payroll for as long as your severance would last. Which company was this ?
How big was it? That's pretty bad tbh, it's pretty hard to go from scheduling an interview to joining one within 60 days.