Tech Layoff Package
Our Tech Layoff Package is focused on helping you quickly understand the financial impact of your job loss and strategize the next steps. This expedited service provides you with the clarity you’d typically achieve in 6-9 months of Financial Planning in approximately 60 days.
At DiversiFi, we specialize in Financial Planning, Wealth Management, taxation, and equity compensation for individuals in the tech industry.
In light of the recent layoffs, we've created a tailored package to help you navigate this unexpected event. Whether you’re new to Financial Planning, or have healthy financial habits, it’s important to ensure that you understand your severance package and make any necessary adjustments quickly to avoid surprises.
Alfred Au | Head of Advisory
You were just laid off, and now you're wondering...
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Severance
Are my severance and unemployment pay at the proper withholding amount?
Is severance pay considered wages?
Am I eligible for unemployment?
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Savings
How long will my cash/savings last me?
When should I get a new job? What should my target salary be?
Should I stop/update my automatic investment contributions to increase my cash holdings?
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Budget
Do I need to change my spending habits?
When should I get a new job?
What should my new salary be to align with my budget?
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Benefits
Should I enroll in COBRA or Private Health Insurance?
Am I eligible to enroll in my spouse's healthcare plan?
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Investments & Equity
What should I do with my company stock? Hold? Sell? Other?
What strategy should I use to sell my company stock? And when?
Am I leaving money on the table if I let my options expire?
What should I do with my 401(k)?
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Taxation
What can I do to avoid surprises later this year?
How much tax will I owe?
Am I subject to more/less tax based on my severance package?
What to Expect
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Severance Package Review with Budget & Spending Recommendations
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Tax Planning with Quarterly & Annual Estimates
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Investment Strategy with a focus on Company Equity
