#exit

Posts mentioning hashtag #exit

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Lawyer Up

I hate hearing everything that current employees are dealing with. It su-ks. It was a great company and I was proud to work there. I worked at Fannie Mae for nearly 20 years.
I was part of a big layoff several years ago. I was laid off just before a large scale early retirement package was set to be offered (and it was widely known this was happening!). With my downsizing, I was offered an AWFUL exit package (with no extended insurance and less $ than expected). So I hired an attorney.
I HIGHLY recommend that anyone laid off - do not sign your letter before you speak to a qualified attorney. Trust me - you’re leaving a lot of money on the table.


EXIT DATE, PACKAGE AND INTERNAL JOBS LISTINGS

As CR stated, 75% of LR will be re-hired where needs are. True or baloney? Everyone getting four months salary with benefits, then COBRA? Exit date set to July 14?

Did team leaders announce send off and good luck meetings? Or a nice kick in rear, and message - have a nice day….


30% is really 50%

EM announced a target of 30% India, 30% Spring, and 30% sites. Hidden in those numbers are at least 30% of the people at Spring will be from India and 30% of people at sites will be from India. So real target is 50% of all EM employees will be working for 1/8 normal salaries.

They want as many people on normal salaries to quit as possible, or exit via the NSI layoff scheme.

Announcing the % of normal salary employees that Need Significant Improvement prior to the start of assessment is actually just a layoff target without notifying the Texas Labor Board.


Its just a gig

The era of the lifelong career at Verizon is over. Instead, view your time here as a strategic gig. Leverage the company’s resources to sharpen your skills and build your toolkit, then move on when the time is right. If you don’t plan your own exit, the company eventually will. True career fulfillment lies in knowing when to transition.


LinkedIn Done Right

Saw someone on LinkedIn posted the best message I’ve seen. No s-b story, no anger, no how bad it’s going to be without them, etc. Instead a message on helping pick others up, laugh, smile, etc. Reflection wasn’t self promoting of all their accomplishments but instead centered around being touched personally by those who reached out.

Can’t remember their name because not a contact but the most real and human way to navigate. The self promoting, company bashing, or s-b story posts are all too common.

This is very different than another tech person post who basically said “I’m so amazing don’t even ask me to waste time writing my achievements on a resume. I’ll just tell them to you if you want to talk.”


Defeated, disappointed and everything in between

I live in a state that no longer has a hub, I cannot move, so I am unable to get a claims job, since claims is hybrid my job was approved for the exit program, almost 20 years with this company Im losing my job.. its a very odd feeling to be in this position as im sure it is with so many others. I was a very loyal employee and this is how my job ends. Its quite sad.. defeated doesnt even discribe how i feel...


Project Phoenix AI transformation

Just got off a call where Project Phoenix will be implemented- first in back office functions previously outsourced to India, PR, etc. Next will be the sales force. Strange that optimizing internal processes are the first targets instead of improving the state relationship but here we are. You will see me exit Gainwell soon. Good luck to everyone- layoffs are incoming across the board.


Some top brass planning exit

Multiple members of Belk’s top brass are quietly and quickly planning an exit strategy from the company. Some choosing to stay in the retail industry, while others choosing the leave the industry altogether. Retirement is a viable option for some. Know that business model of belk is antiquated and unsustainable.