AI & Machine Learning

Here is how Block's severance package compares to other tech companies in past layoffs

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Block is laying off nearly half of its workforce and offering a generous severance package that includes 20 weeks of salary plus one additional week per year of service, six months of healthcare, and other benefits. This compares favorably to packages offered by other tech companies like Amazon, Meta, Airbnb, Google, Microsoft, and X (Twitter), highlighting Block's relatively compassionate approach during layoffs.

Read the full article at Business Insider


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