Thread regarding Synopsys Inc. layoffs

5 replies (most recent on top)

@mb Thanks for the reply and the info. That’s reassuring, even if the situation as a whole is…less than optimal, lol.

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Post ID: @mx+1m16zb3yr

@ma it depends on your last day, which is likely 60 days from now if they are giving you severance in lieu of warn notice period

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Post ID: @mb+1m16zb3yr

Swell. So if I understand this correctly, US employees who just learned of their termination today get to see their health insurance go poof! at midnight.

I mean, really? No lead time at all, no chance to plan for other coverage? Wow.

They could have timed this any way they pleased. Makes you wonder why they chose to do it this way, doesn’t it?

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Post ID: @ma+1m16zb3yr

In France, it continues for 12 months after the "reclassement" ends, so 21 to 24 months after the termination notice.

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Post ID: @jv+1m16zb3yr

in the US, it is the end of the same month as your termination date, unless they offer to pay your cobra premium

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Post ID: @af+1m16zb3yr

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