I recently started tracking severance packages after hearing about various layoffs in the tech industry. According to the data I've gathered from 59 severance reports since launching my project, the median severance package is currently 12 weeks of pay. Interestingly, only 3% of those who received severance negotiated for better terms. In terms of location, 46% of the reports are from US-based employees, with an even split between remote and onsite work. Looking at seniority levels, 2% were VP, 33% senior, 5% mid-level, and 2% entry-level. The roles represented include 27% software engineers, 7% designers, and 5% project managers. I'm eager to provide more insights, so if anyone has specific breakdowns or information they would like to see, please let me know!
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