There could be a full-scale war tomorrow morning - and the nation shall cook itself in these politely named “bureaucratic impasses”.
This cabal of thugs, cheats, crooks, duffers and traitors are going to pummel the India story into pieces.
Without Sachin Bansal and Mukesh Bansal, who made their wealth in the much reviled *consumer* that Indian VCs backed, Ather and Skyroot would have had a much harder road.
glad more folk are looking at it this way
barring some exceptionally exciting projects, folk (in a position to) should grab such offers and enjoy time with kids or parents; travel, get fit etc.
@iamnarendranath Yes, and the offer is generous. I work for Microsoft and many very senior folks are thinking of taking it up. It's not a layoff, it's an offer to take voluntary exit.
@bvlldhist_ Yeah it's the more fancy AC office video-call types who seem way more at risk
PM, Senior Analyst type
AI can't sell toothpaste in Darbhanga
Microsoft's voluntary exit package is a masterclass in why job hopping is not always the smartest career move.
The package offered for Indian employees : 3 months base pay plus 1 month for every year of service.
Do the math.
Someone who joined Microsoft 8 years ago is walking out with 11 months of salary in hand. That is nearly a full year of runway. Enough time to find the right next role without desperation. Enough capital to start something of your own. Enough breathing room to actually think.
Someone who switched every 2 years chasing a 30% salary hike is walking out with 5 months. Maybe less.
Yes the job hopper probably earned more along the way. But they also gave up something the market rarely values until a moment like this arrives. Tenure. Loyalty. The compound interest of staying.
The Indian tech industry spent a decade glorifying switching. Every LinkedIn post was about how someone left Company A for a 40% hike at Company B. Nobody talked about what they left behind.
Severance packages, vesting schedules, pension benefits, long service awards. These are not relics of a boring corporate life. They are the financial reward for the people who stayed when everyone else was leaving.
The next time someone tells you that you are leaving money on the table by not switching, show them this Microsoft math.
Stability has a price. It also has a payout.
@sentientlabrdor <2y is enough to get some real world idea about large systems and processes plus confidence to take some risk with an ok name on the CV
gaurav of TBO is a similar case
iitd -> microsoft redmond -> back
@naveenkopparam for L64 with a decade (so ~32-25 yrs of age)
everything included with gratuity, unused vacation etc
it's about 65L post tx
will easily be 2 cr or more for L67 and above with 15+ yrs
folk who are feeling burnt out or bored, tired
should jump @ any generous buyout offer if they have attained a point of financial stability
say you have liquid 2-3cr + house paid off (or something you'll inherit)
take it & start afresh
spend time with fam/ learn something new
i think just too many ppl were way too leveraged
and not diversified sufficiently
margin calls kicking in or close
nothing else explains this level of screeching
5 of the 12 participating orgs seem to be non-engg/non-tech
finance
HR
office of CTO
Strategy
Corp, external, legal
hey @grok how much headcount does MSFT have in these organizations
Interesting bio from a 17 year old Dario
- multiple time USAMO qualifier, 2nd at BAMO, Physics olympiad camper, Sumac
- Calc BC as a freshman, Real Analysis, Abstract algebra in high school (back in late 90s/early 2000s, where acceleration was much rarer)
- sub 5 mile time!
brutal IQ mog
wtf do people expect
"there's no job security ... even in quant finance"
folk have seriously unrealistic expectations
in fact burnout hits well before the security angle kicks in