I work in the bay area as a software developer and my company is laying off people:
- If I am laid off how much time is given to consider the severance package? My friend said that it will be an hour or so. That is barely enough time to consider the severance package?
- Is the severance package negotiable? Should I try to negotiate or will they withdraw the whole package?
- I was looking out for a new job even before the layoffs were announced. But some of the recruiters who know about the layoffs in my company are asking have I been laid off or feel like I am going to be. I personally don't think so because my last performance review was good and got a decent hike in salary without asking for it. If I am laid off or told that I will be laid off should I admit to hiring companies that I know I will be laid off?
- Layoffs legally means that the business is laying you off for financial/business reasons and not your individual performance.But many people believe that only bad performers are laid off. Do hiring companies see it the same way and will this affect my chances and next pay package?