Netflix Severance Package: 2026 Guide
4-9 months of pay (one of the most generous in tech). Calculate your estimated Netflix severance below.
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Estimate your severance package based on your salary, years of service, and industry
What Netflix Typically Offers
Known Severance Benefits
- β4-9 months of full pay (among highest in the industry)
- βContinued health benefits through severance period
- βNo non-compete clauses
- βImmediate stock option exercise window
Netflix Recent Layoff History
| Date | Employees | Details |
|---|---|---|
| May 2022 | 150 | 4-6 months severance for most employees |
| June 2022 | 300 | Similar generous packages |
Sources: The Verge, Variety, The Information
Netflix Severance Tax (California)
Netflix is headquartered in California. Here's how severance is taxed there:
Example: A Netflix employee with 5 years of service earning $200,000 would receive approximately $57,692 gross ( $37,904 after tax in California).
How Netflix Compares to Technology Average
Other Technology Companies
| Company | Formula | Rating |
|---|---|---|
| Meta (Facebook) | 16 weeks base + 2 weeks per year of service | Generous |
| Google (Alphabet) | 16 weeks base + 2 weeks per year of service + bonus | Generous |
| Amazon | Varies widely: corporate gets more than warehouse; typically 1-2 weeks per year | Standard |
| Microsoft | 2+ months base pay plus additional weeks per year of service | Generous |
| Apple | 4-12 weeks depending on role and tenure | Standard |
| Salesforce | Minimum 5 months pay plus career resources | Generous |
| X (Twitter) | 3 months base pay (post-acquisition standard) | Below Average |
| Uber | 10 weeks minimum + 1 week per year of service | Standard |
Negotiating Your Netflix Severance
Strategies specific to Netflix employees:
- βNetflix already offers generous severance β focus on duration rather than formula
- βPush for the upper end of the 4-9 month range based on your contributions
- βNegotiate for a positive reference and recommendation letter
- βAsk for extended stock option exercise period beyond the standard window
Think Your Severance Is Too Low?
Employment lawyers have helped workers negotiate 2-5x their original offers. Get a free consultation.
Netflix Severance FAQ
How much severance does Netflix pay?βΌ
Netflix typically offers 4-9 months of pay (one of the most generous in tech). Their severance reputation is rated as βGenerousβ compared to technology industry peers. In recent layoffs (May 2022), 4-6 months severance for most employees.
Can I negotiate my Netflix severance?βΌ
Yes, most severance packages at Netflix are negotiable. An employment lawyer experienced in technology can typically negotiate 2-5x the initial offer, especially if there are potential legal claims or WARN Act violations. Many offer free initial consultations.
How is Netflix severance taxed?βΌ
Netflix severance is taxed as supplemental wages at 22% federal flat rate plus 12.3% California state tax, for a total of approximately 34.3%. If you work remotely, your state of residence tax rate applies instead.
Related Technology Companies
π Free Severance Negotiation Checklist
The exact steps employment lawyers use to negotiate higher severance. Used by 10,000+ employees.