Recently, Arm, a British chip design company under SoftBank Group, has carried out a round of layoffs in China, which has attracted widespread attention. It is reported that the laid-off employees will receive a generous compensation package, which makes many people envious.
According to people familiar with the matter, Arm's layoffs involve more than 70 software engineers and move some of their positions outside of China. However, for the laid-off employees, the compensation package they received was an unexpected surprise.
It is alleged that the content of the compensation package is N+9, that is, in addition to the statutory compensation, an additional 9 months' salary will be given to the laid-off employees as compensation. For those employees who have worked for more than 10 years, the amount of compensation they receive is as high as 1.71 million yuan.
The news spread quickly on social media, and many netizens expressed their envy for the laid-off employees to receive such generous compensation. Some people joked: "I want to be laid off too!" and some people sighed: "This is the real 'layoff benefit'!"
Regarding the layoffs and compensation package, Arm said it is to address the current challenging business outlook and ensure the company's long-term growth. The company also stressed that they will do their best to provide help and support to the laid-off employees to ensure a smooth transition to their next job.
The layoffs have sparked heated discussions about workplace protection and employee rights. Some argue that the company's generous compensation package is a humane approach that will allow the laid-off employees to better face the challenges of the future. There are calls for companies to pay more attention to the rights and well-being of employees, especially in the process of business restructuring and restructuring.