zoned_off t1_j3s38pr wrote on January 10, 2023 at 6:17 PM Reply to comment by high_roller_dude in Coinbase to slash 20% of workforce in second major round of job cuts by ChocolateTsar So he was making 300k+ for 6 months. Let's say he is unemployed for 3 months, then lands another 200k job for the remaining 3 months. So $300k * 6/12 = $150k $0 * 3/12 = $0k $200k * 3/12 = $50k So in this scenario, he clears 200k for the year anyway. I doubt he got 0 severance. And he probably can find another gig in less than 3 months. I'd make the same decision as your friend tbh. High risk, high reward. Permalink Parent 43
zoned_off t1_j3s38pr wrote
Reply to comment by high_roller_dude in Coinbase to slash 20% of workforce in second major round of job cuts by ChocolateTsar
So he was making 300k+ for 6 months. Let's say he is unemployed for 3 months, then lands another 200k job for the remaining 3 months.
So
$300k * 6/12 = $150k
$0 * 3/12 = $0k
$200k * 3/12 = $50k
So in this scenario, he clears 200k for the year anyway.
I doubt he got 0 severance. And he probably can find another gig in less than 3 months. I'd make the same decision as your friend tbh. High risk, high reward.