> Have you actually been in a position where you needed to rely on COBRA?
Yes. I used it for 18 months, then bought an insurance policy. That lasted until Obamacare forced that insurer to leave the state, and now I am on Obamacare.
> But I can damn well believe there are Twitter employees who have made all the right moves, yet still hesitate to leave their jobs right now.
I can believe it, too.
Long ago, the company I was working on encountered hard times, and did an across the board 10% pay cut. One of my coworkers was furiously grumbling about it, so I asked him why he didn't just quit (there are plenty of tech jobs around Seattle). He said his finances were so tight he couldn't afford to miss even one paycheck. He had a McMansion, his & hers new cars, expensive furniture, and expensive clothes.
He was in a cage he forged for himself, the company didn't do it to him.
Jobs in the private sector are not guaranteed. It's best to save a portion of each paycheck. I bought stock with my first job, and drove beaters for a long time (and still do). My last beater I drove for 30 years, until it finally expired.
Yes. I used it for 18 months, then bought an insurance policy. That lasted until Obamacare forced that insurer to leave the state, and now I am on Obamacare.
> But I can damn well believe there are Twitter employees who have made all the right moves, yet still hesitate to leave their jobs right now.
I can believe it, too.
Long ago, the company I was working on encountered hard times, and did an across the board 10% pay cut. One of my coworkers was furiously grumbling about it, so I asked him why he didn't just quit (there are plenty of tech jobs around Seattle). He said his finances were so tight he couldn't afford to miss even one paycheck. He had a McMansion, his & hers new cars, expensive furniture, and expensive clothes.
He was in a cage he forged for himself, the company didn't do it to him.
Jobs in the private sector are not guaranteed. It's best to save a portion of each paycheck. I bought stock with my first job, and drove beaters for a long time (and still do). My last beater I drove for 30 years, until it finally expired.