> at least four months of salary as severance<p>That is very generous severance. Financially it was worth working for Facebook even when you were hired a year ago.
Funny how even if your position (you believe) is relatively secure, this news sucks the air out of the working environment and everyone has it in the back of their mind even as they continue holding meetings, etc.<p>Specific info (1st hand knowledge):<p>Concur has had a suspicious outage today, preventing people from submitting final reimbursement claims. As well as a general hold on purchasing requests (people I suppose trying to get their benefits in).<p>A mysterious slowdown in meetings with director level leaders, etc. and certain things (project plans, kickoff meetings) being asked to wait for some more information before publishing.<p>Shitposting forum blowing up with half-joking memes.
Layoffs are always unfortunate, but didn't his company have the bright idea of making meetings all day into a virtual Second Life world where you can actually _see_ the other person's dog barking on the call? The experimental parts of the company hired a lot of those people and now can't keep them.<p>If he gives outgoing employees months of health care, all their PTO, etc. then what is the issue?
CEOs saying they're accountable is just another way of saying sorry (not really) and being polite. This is just business and as long as reasonable severance packages are paid, employees will be willing to work there when times are better.