Discord confirmed on Thursday that it's laying off 17% of its workforce, which equates to 170 employees, becoming the latest tech company to announce cuts.
Reading through the CEO's statement, it seems like he's not just kicking 170 out;
Five months of salary (plus an additional week for every full year at Discord)
Five months of benefit continuation
Three months of outplacement services
Equity vesting of awards scheduled to vest on Feb. 1, 2024
Continued access to Modern Health through the end of 2024, and more
Is this unusual? Seems like there is a 5mo opportunity to find new employment without having to work. I mean this sounds better than some of the other Silicon Valley douche bags. What am I missing?