Wait to get laid off or bounce?

Oath Faz6/2
Sep 7, 2018 73 Comments

So our CEO is about to get a golden parachute to GTFO apparently and there’s talk that there are going to be even more layoffs. Should I peace out before more layoffs? I assume I’d get severance, but this is my first job out of college, so I could be wrong. Also, with Verizon now slamming together Yahoo and Oath into the rest of the company, I don’t know if it would be worth it to stay even if I wasn’t a layoff casualty. What should I do?




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TOP 73 Comments
  • Jam City Yest6
    You have more leverage when you are employed. Start talking to recruiters now.
    Sep 7, 2018 8
    • Xchange Leasing / Ops

      Xchange Leasing Ops

      Xchange Leasing
      Lol 10k severance? If that's standard, then run! I expect you to get much more.
      Sep 8, 2018
    • Yahoo iWbf35
      So I’ve been out of the Oath/Verizon/yahoo circles for a while.. but I was laid if back when Verizon first bought yahoo about 2 years ago. Back then we got 6 months severance pay. I waited for severence pay and then started looking for jobs. It’s just too much trying to study and line up interview while holding a full time job. Once I had 6 months free pay coming my way it completely took away any concerns about having to find a new job as fast as possible so I treated it like a vacation . I found a new job and I’ve been really really happy since.
      Sep 9, 2018
  • IBM / R&D officeX
    Get a new job. But wait for severance.
    Sep 7, 2018 0
  • Flagged by the community.

    • Sprint / Sales

      Sprint Sales

      Product, engineering, Sales. National, enterprise and small accounts. Software, hardware and enablement.
      However, don't get laid and severed. Just ask John Wayne Bobbitt
      Sep 7, 2018
    • Nisum Technologies Mogambo88
      John bobbitt uncut!
      Sep 7, 2018
  • Cadence AndIdid
    Start preparing but wait for severance
    Sep 7, 2018 0
  • Amazon / Eng

    Amazon Eng

    I left Amz to be happy at a startup
    Get that sweet severance cheddar and have some offers ready
    Sep 7, 2018 1
    • Capital One emdR65
      This is the best advice
      Sep 7, 2018
  • Amazon AnnieBing
    Start preparing. Contact recruiters and interview actively. If you get a new job before the lay-off, then just GTFO from that company. Else, keep trying.
    Sep 7, 2018 5
    • VMware / Product lRQQ72
      Incorrect - severance is a lump payment that you get on your last day.

      Best is to have a job offer and negotiate later start date - use the severance to travel, relax and recharge, come to the new job and kick ass
      Sep 8, 2018
    • What biow46g is saying is really unrmployment benefits. You can claim it only when unemployed. It’s a low amount, but still cash due to you
      Sep 9, 2018
  • LinkedIn MzqC50
    Leave now! Lots of companies that will hire from Yahoo. LinkedIn is one of them, our CEO and lots of exec members are from Yahoo.
    Sep 7, 2018 0
  • Microsoft Hannah2272
    If you’re looking for severance, you won’t get it if you quit
    Sep 7, 2018 1
  • Uber / Mgmt Sr. Bae
    As someone who was part of the SEA deal at Uber, here’s my honest advice - GTFO. Close an offer while you’re in job and set the starting date to increase your chances of securing the severance. Or Negotiate a good joining bonus. Thank me later.
    Sep 7, 2018 1
    • Indeed Cobol06
      Mind sharing what actually happened with Uber employees when SEA deal took place?
      Sep 9, 2018
  • Microsoft IWdl28
    If you are a high demand employee (skill/asset wise), wait for severance. If you think you may be at risk of struggling to find the next job at at all, look now.

    You are a college recruit so your severance won’t be big enough to cover a struggle to find a job.
    Sep 7, 2018 0


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