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Layoff with Exit Package or Keep Job with a Pay cut? : personalfinance

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Principally title,

Have the choice for an exit package deal with 1 yr wage payout with medical health insurance vs maintaining the job with a 20% pay lower. Challenge is being moved to sister firm.

Solely caveat is that the job with the paycut is with a sister firm (suppose going from Chevrolet to Cadillac Engineering place) so exit package deal wouldn’t not apply if job taken!

I am leaning in the direction of accepting the exit pkg and enterprise into the Wild!!. Dangerous transfer on this economic system? What to do you guys suppose!!??

TIA

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