Generous SeveranceTechnologyHQ: California

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

Standard Formula
4-9 months of pay (one of the most generous in tech)
Avg. Salary
$200,000
Company Size
enterprise
Reputation
Generous

Known Severance Benefits

  • βœ“4-9 months of full pay (among highest in the industry)
  • βœ“Continued health benefits through severance period
  • βœ“No non-compete clauses
  • βœ“Immediate stock option exercise window

Netflix Recent Layoff History

DateEmployeesDetails
May 20221504-6 months severance for most employees
June 2022300Similar generous packages

Sources: The Verge, Variety, The Information

Netflix Severance Tax (California)

Netflix is headquartered in California. Here's how severance is taxed there:

Federal Tax
22.0%
California State Tax
12.3%
Total Tax Rate
34.3%

Example: A Netflix employee with 5 years of service earning $200,000 would receive approximately $57,692 gross ( $37,904 after tax in California).

See full California severance laws & calculator β†’

How Netflix Compares to Technology Average

Technology Industry Average
2-4 weeks per year
Typical: 3 wk/yr
Netflix
4-9 months of pay (one of the most generous in tech)
Rated: Generous

Other Technology Companies

CompanyFormulaRating
Meta (Facebook)16 weeks base + 2 weeks per year of serviceGenerous
Google (Alphabet)16 weeks base + 2 weeks per year of service + bonusGenerous
AmazonVaries widely: corporate gets more than warehouse; typically 1-2 weeks per yearStandard
Microsoft2+ months base pay plus additional weeks per year of serviceGenerous
Apple4-12 weeks depending on role and tenureStandard
SalesforceMinimum 5 months pay plus career resourcesGenerous
X (Twitter)3 months base pay (post-acquisition standard)Below Average
Uber10 weeks minimum + 1 week per year of serviceStandard

See full Technology severance guide β†’

Negotiating Your Netflix Severance

Strategies specific to Netflix employees:

  • βœ“Netflix already offers generous severance β€” focus on duration rather than formula
  • βœ“Push for the upper end of the 4-9 month range based on your contributions
  • βœ“Negotiate for a positive reference and recommendation letter
  • βœ“Ask for extended stock option exercise period beyond the standard window
βš–

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Netflix Severance FAQ

How much severance does Netflix pay?β–Ό

Netflix typically offers 4-9 months of pay (one of the most generous in tech). Their severance reputation is rated as β€œGenerous” compared to technology industry peers. In recent layoffs (May 2022), 4-6 months severance for most employees.

Can I negotiate my Netflix severance?β–Ό

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?β–Ό

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

πŸ“‹ Free Severance Negotiation Checklist

The exact steps employment lawyers use to negotiate higher severance. Used by 10,000+ employees.