&gt; How much the company has to pay, how much IT sector usually pays?<p>In most of the country (California is probably an exception), the company does not have to pay anything at all.<p>I don&#x27;t know about &quot;usually&quot;. A lot of these big SV companies seem to usually pay some severance.<p>&gt; Also, what are the usual time limits in the industry?<p>What time limits do you mean? As in, what notice do they have to give you? In much if not most of the country, none.