#exitpackage

Does anyone know if the package being offered to ANI folks is the same as it used to be and what was posted recently here?

I opted into the VBO and other than the automated email to check my system info/equipment return, I have not heard a word on next steps and timeline for separation agreement. Anyone else?

For those being here for many years, was there a cap on severance (#weeks paid per yr)?

Anyone sign the separation agreement and initial release?

What if any concerns did you have with the document?

Any early retirement packages being offered in 2027?

Canva’s restructuring affects more than 1,200 people. But its severance package is earning praise.
https://www.newsweek.com/canva-exit-package-praised-tech-company-announces-layoffs-12662250

How does severance usually break down between an IC and a leadership role?

Also, are packages trending differently this year compared to the past, and what is the actual calculation used behind the scenes?

Drop your insights!

If you take the package but put in for LTD when you filled out your medical for 2027 how does that work? Would you be eligible while you are being paid out if something happens or will the company stop that benefit.

I don't have a job lined up exactly, but let's just say there's a high probability I wouldn't be unemployed for more than a month. Is there a way to hint to my manager I'd be happy to take a package? What's the worst thing that could happen?

Every single person I know would rather take a package than continue working for this company. Including my entire team, my leader, my leader's leader, my direct reports, everyone. We are all pretty open and vocal all around about it. There is zero trust and faith in the ranks above. And if they were to be honest they probably would want a package.

This is such a terrible miserable place to work. No direction and no viable purpose in any processes. A lot of aimless nonsense. But they are going to pay us to leave. They want us to give up and quit. But not going to happen. Let's get those packages handed out and show us the money!!!

Can somebody share what's the package like, please?

I came across a former colleague's social media post, a few months after he took the package. He looked relaxed and happy, and it was nice to see him doing well. Part of me envies that freedom, even though I'm genuinely happy for him. It makes me wonder what life could look like outside this place.

Fiserv needs to same for Directors and above. We have so many.

What is the package when one is on PIP and not showing up for ‘meetings’?

What is the point of working there if one is already on PIP? Can you just say “ give me the package terms, and if that work out for both of us, I will leave quietly like others who were LRed”

Is anyone able to voluntarily exit with a package?

Does anyone know how early retirement works? I’ve heard it’s if your age plus years of service is over 70. Can you ask for it or do you just get selected? What’s the exit package usually like?

I’m just curious, can anybody tell me how the severance pay works just for knowledge I was told the 60 days that you do get paid is the actual severance. And do you get the Christmas and annual bonus as well? How does all this works?

Anyone have information on severance offer on the table, last round it was 4 weeks first year service then 1 week for additional year

I really want out with a package.

For those that have been at fiserv 5 or more years what was the package when you got laid off?

Don't stress

what did it look like and how recent?

Anyone know if the PIL document is available to view. What are the conditions and what if you don’t sign it? Does that mean you automatically get the PIP and 3 months pay? If they cut the PIP short, do you not receive anything offered in the PIL? What about benefits like medical and pension balance? Do those get forfeited?

For those whose last working day was around September 4th, has everyone already received their severance package/agreement by email? I still haven’t received mine and just wanted to see if anyone else is still waiting. Thanks!

As the title states, who took the package rather than go to Boston?

What are the details of the packages being offered to techs in southeast? What are the #’s the company is trying to get?

Don't take package and share what you know

Can anybody share what the package looks like? Is health coverage provided outside of the first month?

I am still waiting for my severance package.

For those recently laid off: did your displacement packet include the standard disclosure showing the ages of everyone in your group who was laid off? I was laid off a few years ago and received it. This layoff I did not. Does this mean I was the only one in my group that was displaced?

Can somebody please say what the severance package was like for the latest layoff? Just to see if there were any changes since the last round.

For those of you that have analyzed the PIL language or had a lawyer review the language, were any dealbreaker clauses found?

Is it worth signing to get 3 months of salary?

How much worse off can you be than staying here if they show you the door and send you off with a nice severance package? Honestly?