Grogu007
8570
512
1
May 21, 2026 7:22 PM
Grogu007
8570
512
1
pretzeldialectic
To be fair, Meta's layoff package: Base Severance: 16 weeks of base pay. Tenure Bonus: An additional two weeks of pay for every year of completed service. Healthcare: 18 months of healthcare coverage (e.g., COBRA in the US). Vesting: Vesting of any Restricted Stock Units that are scheduled to vest on or before the employee's official termination date. Career Support: Three months of complimentary external job search assistance.
ahorseelbowdeepinme
Hell yeah, union strong!
ToSisPoS
But my unions dues could buy Nintendo game instead!
-Actual strike busting rhetoric I have seen.
LazerSpacePirate
They're desperately trying to stay in the lead of microchip manufacturing. This is great but will only last until technology catches up and these jobs can be fully automated. This is basically a severance pay lol
theinternetkeepsmealive
No wonder the USA is so anti-union.
ansiichan
note, they already have been promised 100-200k$ bonuses, unions said its too little citing similar bonuses at other dram manufacturers, and threatened to strike
EricPisch
I love my union
urusername2
They could have saved a ton by not laying off the 8,000!
simplynottrying
wozat
That building has some serious vibes of both Piet Mondrian and The Partridge Family at the same time
thedarklord187
KatInTheCorner
The often deleted lyrics of Solidarity Forever (Google won't even show them):
Is there aught we hold in common with the greedy parasite,
Who would lash us into serfdom and would crush us with his might?
Is there anything left to us but to organize and fight?
For the union makes us strong.
https://share.google/Qp2Qex75uYBHI8ndx
CoqRoq
"Could"
wadatahmydamie
I’ll take a potential windfall over a guaranteed layoff
irisewithredeyes
Yup, that's the 'interesting' keyword there... they'll find a damn loophole to avoid paying...
Elvenbane
Looks like it's mostly stock https://www.reuters.com/business/world-at-work/samsung-electronics-shares-jump-after-tentative-wage-deal-suspends-strike-2026-05-21/
Igut
Isn't that what socialism tends to make happen? Workers owning means pf production, thus reaping the fruits of their labour? If company does good, the workers do also, not just the owners.
gardengnomeii
still not a bad deal. If most folks are getting 3x or 4x their base salary as this bonus.
flashboredom
"these bonuses would be paid in company stock for at least 10 years and conditional upon the chip division achieving more than 200 trillion won ($135 billion) in annual operating profit from 2026 to 2028 and 100 trillion won from 2029 to 2035."
Probably also vests only in 2028. Plenty of time for the Wall St bros to convince them to lay people off in the next cyclical downturn
stukajr
For context, the strike was held because there was a cap on bonuses for all but high level execs - this money would have been owed, if not put an artificial limit on.
sailorjurai108
So it’s sorta backpay for high performance?
TupacAintDead
I was one of the people impacted by Meta layoff. But I already have another job lined up. So, this worked out perfectly for me. Fuck Zuck.
JohnSmithterms
As a software dev you reek of "got mine" get fucked is my current attitude. You are either with us and forming a union or you are a boot that needs to be stepped on.
TupacAintDead
Uhhhh….what.
werrywerry
Can you point to the "get fucked" part of the comment? I don't see it and I'm not sure it was even implied.
IrrationalNumber
340k per worker over how many years?
AlexSomething
One, apparently: https://www.reuters.com/business/world-at-work/samsungs-deal-with-union-hailed-victory-bonuses-less-generous-than-sk-hynixs-2026-05-21/
"A memory chip worker with a base salary of 80 million won [~$53k], for example, is expected to receive a total bonus of around 626 million won or $416,000 this year, a union source said, declining to be identified."
OhIfIMust
Holy shit...
epithymetic
Nope. 10 years, in stock not cash, and conditional.
“A document showed these bonuses would be paid in company stock for at least 10 years and conditional upon the chip division achieving more than 200 trillion won ($135 billion) in annual operating profit from 2026 to 2028 and 100 trillion won from 2029 to 2035.”
FortifiedWhine
Still better than a poke in the eye...
RomanValkre
Considering what they do... that 53k is very low...
FiftyShadesOfTiramisu
Unless you live in Seoul, the cost of living is also 30-50% lower than in the US.
RainierAlt
Even accounting for that, they definitely put into practice the "hey, you're making a ton of money off of this, and I'm helping you do that. Why do I get so little of that?" 🙂
So I don't care that they're getting $400k and I'm not. I'm happy some workers finally managed to win that argument in today's world.
shitheadtookmyname
What the fuck. 9x salary bonus???
SavageDrums
Nice to have a union with power, ain't it?
ELKronos
I know, who do they think they are, executives?
NotSomoneElse68
Base salary of $80M?. Soda like their just giving more money to their rich friends. How much does a worker making $50K get? A pizza party?
IrrationalNumber
Read that again.
AlexSomething
I went the extra mile and added the conversion between square brackets but apparently, not enough...
GiveYourBallsATug69
80 million won. Not as in past tense win, it's S Korea currency.
NotSomoneElse68
A little better. ~$53K.
mrthewhitee
About 400k apparently
ExecutiveProducerWolfDyck
53k. 400k is the bonus.
mrthewhitee
Yes that's what I was saying. Someone making that much money would get about 400k