#exitpackage

How many weeks/months did you receive? Is it beyond the 2 month payroll period?

If anyone is comfortable sharing.

Anyone confirm what the package looks like this time?

What are they offering? Months per year of service etc..

Any cap?

Hello, so I was Pipped beginning of march from a bad performance review, (4/4/4/3)
And it took them till march to do so. Then I was told they don’t have a notice period for how long

Right now I’m on medical leave, I’m thinking of asking for a separation package? Is this a good move? I plan on framing it very professionally and want to know if since I got such a poor review and a PIP if severance is off the table?

I’m based in Tampa and a AVP

For layoffs

I have been here eleven years and I used to really care about Cisco. I thought it was special. But somewhere along the way, probably around year eight, I just lost it. Now all I want is out. The problem is I can't just quit because I have a mortgage and a kid who is starting college in two years, so I need some kind of package to bridge the gap while I figure out my next move. Every single time there is a rumor about layoffs, I let myself get hopeful. No luck so far, though.

Has anyone heard of this new policy?

Hearing of some big workforce reduction targets after the split. Any chance they will offer buyouts especially since they seem to be popular in corporate America these days?

So the transitional group of employees will have benefits through Sept 30, 2026. Funny that that also happens to be the last day of their fiscal year...

It’s getting quiet .Beside all the Scarborough retirement meetings .No one is talking about any offer of a package .I Think there are a lot of people in all divisions of the field ops tha want to leave .Whats the big secret just spill the beans when is it how big will this package big will I be able to accept this package . I mean really

For those that have left Macy’s what are you guys doing now? What other jobs are better than Macys? I want to leave the company but there isn’t much options for me out there. Been with the company for over 20yrs, would I be eligible for a package or anything of that form?

Per the proxy statement I received today, it looks as if Sampath received a 7.2M cash payment at separation. Wow.

Posting this info because I didn't see a definite answer on how much severance pay we will get if let go during the layoffs. My boss just told me that when the last layoff happened , and my coworker was let go from our department , he received TWO weeks pay for severance. He was with Xerox for about a year and a half to two years. SMH . Wishing everybody luck job hunting and getting the he-l out if this company !

Few JPM employees said that managers are asking employees if they want an exit package. Wondering if this is selective or company wide?

I'm so done with this Company, I'm in a position they won't layoff but am so done with all the new management stupid decisions, It didn't work 20 years ago, didn't work 10 years ago, didn't work 5 years ago, but hey I'm a new guy and I think it will work. Yeah just give me a package hire someone with less experience than our management team and feed them the slop.

Thoughts on your offer if you received it?

Mohawk College eliminated 72 positions in recent months. This included 62 full-time roles and 10 vacant positions. The cuts were part of a restructuring process. Fifty-seven employees also took voluntary exit packages. Overall, about 580 positions have been cut since late 2024.

Hamilton, Ontario

https://www.thespec.com/news/hamilton-region/mohawk-college-layoffs/article_8c844ab5-e919-50e0-862e-8ccfbf3b8232.html

I’m almost ready to retire but will today for a package.
Any insights if and when and what it may happen?

I'm interviewing now and may get an offer soon. If I do, can I volunteer to be laid off to get a package?

For those who got it, how long does it take for them to release it? I don't care about benefits, just want my money and out .

Anyone know what the layoff package looked like for the unfortunate folks let go last week?

As a former CDW engineer my observation was that the number of engineers far exceeded the amount of available projects. While I worked with some smart engineers, a majority did not have skills comparable to their pay grade. Too many "that's not my niche" excuses for 6 figure salaries IMO.

The layoffs that are happening now is a forced "personnel correction" due to leadership not understanding the needs of the business.

will they take away our severance if we work for encore?

Can anyone from previous layoff waves provide insight into how long it takes to receive your severance? I was part of the late January wave, signed my paperwork on 2/6 (my term date), and curious how long it takes to receive the severance?

The usual or did they reduce it?

I’ve heard every Rumor let’s hear yours.

So assuming there will be an Eisp I am very conflicted as to take it and go or not.They may not offer again our lump may not be an option so many unkowns

For those lurkers who got laid off, what does your severance package look like?

This is trending right now and I heard many 121s were already sent. So wondering if you’d share what severance packages look like in Canada, Toronto based if possible!
Thank you

I was RIFd a couple of weeks ago. Non working notice until mid to late March.

I did receive an email outlining the rules of my notice period and it said I would receive a “separation package via Docusign” as soon as administratively possible, but I have not received it yet

Can anyone out there who has been RIFd before me, perhaps last year, advise of how long it was before you received your severance package via Docusign?

Does anyone know the current Severance package in the US?

I get why leaving makes sense, but there’s likely severance coming, and it could be enough to give you some real breathing room. maybe even allow you to take 2026 off.

Who from Uniti could tell us what the severance plan was? The Win one was awful.

If you work for Coterra, RUN, take that package, the merger of equals moniker is anything but.

You’ll just sit there for a few months until the Devon trogs find a way to save their own necks and axe you instead.

Why are they not offering wfh only employees exit offers and hiring those jobs in the hubs?

I was told this by manager/PDR on the way out. Hoping it's true.

Retired / Surplus AT&T Managers, when did you have to choose Lump vs. annuity at separation? The day of your exit package, or sometime later?

My supervisor didn't know and I can't seem to find this info on HR One Stop.

Thanks!