#severance

I actually want them to lay me off and collect my severance. kind of want to let my manager know if he has to pick and choose between people on the team, he can pick me, but I don’t want that to be taken as me resigning and missing out on severance. Best way to handle this?

The severance money is paid with condition that you will not write anything against company on social media. The moment company finds out, will stop your biweekly payout.

My career and life is so much better without Verizon
Thanks for all the severance money and vacation days I stole since I never marked them. Went to good cause paying for kids college. Verizon bucks and would never work there again. 30 years strong. Bye bye

I was laid off in April and I did something stupid! My network connection was not cut immediately and I e mailed my resume, my reviews and also some reports I used to produce to my home e mail. The purpose was to prepare myself to interviews.
Now somebody from CSIS e mailed me to talk regarding this…

Now- is there any example of severance not being paid due to this? I will have a zoom call with them to explain, but should I start looking for a lawyer in case they do not pay my severance? Would Citi go to the hassle of lawyers for a situation like this?
Pls ease my mind…
Thank you

I have been applying everywhere, but specifically avoiding places like Optum, UHG etc, where I’m pretty sure I would get hired. I want to keep saving my severance. Has anyone else taken this approach or am I remembering the severance package terms incorrectly?

Packages coming. 2months max severance. Goal is 90% of engineering at LCC's by 2029

I just returned to work on 5/28 after being out on short term disability for a heart condition. Apparently I missed the mass video firing? I came back to see my supervisor and others in my team chat as "user unknown" Confused, I reached out to get some understanding of what I missed, I was ignored. So I clocked in and began my day. Member choice center btw. About 2 hours in, I received a meeting invite and was informed that my job was eliminated and was to clock out after the meeting. Which actually is fine because this job was soul su-king and I found something better. I do have a question about severance though. How long does it take to get severance and the email with info on that?

If you came in from an acquired company, was your time at the acquired company counted toward your severance? Came into NetApp via SolidFire and I want to know if my pre-NetApp time should be counted.

Hearing rumors that another opportunity to AEOI with an actual severance package (2 weeks for every year of service) might be available in 1Q 2027. Anyone hearing the same? Can anyone confirm?

so was told by management that charlie severance has run out and if you get laid off your LOB has to pay it… I suspect more firings in store with no package

Are there any companies out there that are worth a damn and hiring? Doesn't have to be a bank or FI, just somewhere that those of us who are Grade 12 and up might be able to take our talent, while also being paid well, given solid benefits, treated with dignity, and not put through months of radio silence or fruitless interviews?

Trust and believe, I am doing my best to hold out for the inevitable layoff and severance, but in the meantime, may as well ask.

This company has already almost cost me my life once and I'm rapidly approaching complete hopelessness. There has GOT to be something better out there, right?

...Right?

What has been the recent severance packages for those getting laid off? I’m curious about the severance base pay (for below job grade 12’s) and additional pay from number of service years.

Does anyone know if FIS pays severance in lump sum or as paychecks? If the latter, do they have a clawback clause if I’m employed during severance pay period? Im anticipating to be on the next round, trying to plan ahead.

So just a little update from our oh-so-generous employer: we still have jobs, how lucky we are, but of course it comes with a lovely caveat. We either uproot our entire lives and relocate, or for some of us, we’re stuck here with no options due to legal or personal reasons. And they gave us the super generous advice that we can apply to new positions here, except surprise, there aren’t any that most of us qualify for. So we just get to work for two more months, no big deal, and then we get a whopping two months of garden leave, which by the way is a huge downgrade from the four months they gave people last time. And we only have 10 days to decide: apply, relocate, or do nothing. If I don’t find something in these four months, well, I have no choice but to take the severance and say goodbye. What a dream, right?

And even if I do relocate, what makes me trust that I won’t just get laid off again two months after I completely uproot my life?

Oh, and on top of that, they still expect us to perform as usual over the next two months, making sure we hit all our targets and keep up our usual standards. What makes them think that’s even realistic after all this?

I've heard through the grapevine that there are upcoming changes to severance and it's not good. Nobody I've talked to has any more details than that. Has anyone heard anything?

Confirmed cuts are coming this fall, although this won't be sudden.

Impacted folks will be communicated that they have X number of weeks to transition into a new role within fidelity or negotiate severance.

Some folks will be given till end of year to figure out their fate.

The list is already in the process and your skip level will communicate the decision to you.

Whisk-y House of Kentucky laid off 22 employees. This cut impacts about 30% of its workforce. The Elizabethtown facility now runs at 60% capacity. Slower spirits demand caused this production reduction. The company offers severance, benefits, and job placement assistance.

Elizabethtown, Kentucky

https://www.wdrb.com/news/business/whisk-y-house-of-kentucky-layoffs-impact-employees-at-elizabethtown-facility/article_58587a96-5a30-46e7-b5c9-17bcd982b43b.html

How does Verizon pay out severance once lay off happens?

How many weeks of pay does an employee receive?

I have been retail sales rep for 6 years and i kind of hope to be laid off in July

How many momths of pay do i get?

Hi,
Was laid off in the last round (why do I always type layed?).

The job market as many know isn’t great, even willing to relocate it’s still tough out there.

So in the spirit of considering all my options, what have people seen as “Nike actually paid attention and enforced” regarding going to work for competitors?

No I’m not a reporter or a troll or any of that nonsense, just a person trying to provide for their family and while the severance and savings gives me some time… I would sleep a lot better being back working and moving forward. Not one to “take a break” or sit around and hope for the best, not with the responsibility of a family.

Thank you

Also, the sooner the better. Still some chance at severance, at least. I can't wait to have this forsaken place in the rearview mirror.

Question....since I've never been laid off before. Is a severance package from EJ the same severance package other people get or does it depend on role, department, etc?

Anyone else? Got told last day is 6/6/26, ironically enough. On the east coast. Not even sure if all my coworkers are aware yet either. Next steps are basically severance or reapply to a role nearby and hope the rsm likes you. Had another friend find out the same thing at his store in the south as well.

Just had manager discussion and was notified last day will be July 2. Normal cr-ppy US severance of 3 months. Went through the normal we're not picking people because of age and the 3 others RA'd in a small team were all of 45. One people was listed who is not being RA'd in that same age range... so, definitely older, more expensive people are being targeted.

For the severance it stated should still be covered 60 days from notice with health benefits but from my spouse they're saying they have no coverage at all

Is anyone else having issues with medical coverage issues?

The first 18 years, working as part of VUE, were great. I was valued, respected, and my contributions meant something. The along comes Omar, and VUE largely gets absorbed into corporate, the Azure migration occurred, and the culture changed dramatically. Dave Treat really likes to listen to himself talk, Omar and the rest of senior leadership are too busy jet-setting to set a clear strategy. The cherry on top came in May when I was unexpectedly laid off after 20 years, with a whopping 8 weeks of severance. Hello early retirement, goodbye toxic workplace.

Infosys is the absolute worst. None of the promises have come to be. They have no idea of what they are doing unless the goal is to destroy the business by running off customers due to their terrible performance. They are extremely difficult to communicate with and they lack basic critical thinking skills. Finally they are lazy and lack any sense of urgency. I wish I would have received a severance package because this nee reality is agonizing.

When will the Voluntary Separation Plan be offered to U.S. employees? Is it available to employees in all roles, or is participation limited to the sales organization?

https://www.techtimes.com/articles/317527/20260601/oracles-30000-layoffs-enter-final-phase-sign-release-forfeit-severance.htm

Anyone comfortable sharing?

“Please continue to keep our family in your prayers as we gather more information regarding Ernie’s separation from Gulfstream.

After 20 years of dedicated service to this company, Ernie received no severance package or support. The only thing we received was a letter in the mail containing his separation paperwork. It is heartbreaking and difficult to understand how someone who devoted two decades of his life to this company could be let go, especially while facing serious health challenges.

Throughout the years, we have seen other employees receive accommodations and support while dealing with medical issues, which makes this situation even more confusing and painful for our family. Ernie is not only battling Stage 4 cancer, but he is also deaf. Given these circumstances, it is hard not to question whether he has been treated fairly.

This entire experience has been devastating for him emotionally. No one who has given so much of themselves to their employer should feel discarded during one of the most difficult times in their life.

I am committed to seeking answers and raising awareness about what has happened. If necessary, I will take this matter further because Ernie deserves someone willing to stand up for him after everything he has given to this company.

We believe Gulfstream should take a hard look at how this situation was handled. Ernie was a loyal, dependable, and hardworking employee for 20 years, and he deserved to be treated with dignity, respect, and compassion.

If anyone has any opinions on this matter please share with me. Thank you!”

Verizon to close more stores. Even flagship high performance corporate stores are not safe. I have direct knowledge! Keep your head down and jump to another role, plan for severance, plan for indirect takeover and interview opportunities, and/or look for another career. The stores are cooked! No store is safe!

To everyone who served their last day on May 29th, thank you for everything you’ve contributed here..

As the community navigates this transition, many are trying to understand the baseline support the company provided. If you feel comfortable sharing, could you shed some light on the standard severance packages? Specifically:

Salary: Did the company stick to the standard 2 weeks of pay per year of service (up to a 6-month max), or did those with shorter tenures (like 3 years or less) get a flat baseline?

Shares: Did they pay out any shares based on their current vesting value, or did all share vesting completely cut off on May 29th?

Bonus & Benefits: Were annual bonuses pro-rated based on the time you worked this year, and are they subsidizing health insurance (COBRA)?

Wishing you all the absolute best on your next chapters!

With the upcoming expected layoffs, can folks who have recently been laid off in the US share what their severance was? Please include C-level and location.

Anyone know what happens after you decline the move? How long do they keep me around waiting ? I’ve handed off all my work to other members of the team and cross training is complete. The letter says up to the discretion of my leadership.

Commercial Real Estate ..

This board should be viewed for what it is… a discussion board for current employees concerned about their careers (with some crazy types) and feedback for those considering wearing “the purple.”

First, you need to ask yourself why so many senior executives have left the bank.

Second, compare the value of both banks at the merger to the value today. I have gotten better returns on my bucket of old pennies with the increase in copper. Pay increases too.

Third, in case you have not figured it out by now it all about the face time and showing off for your manager and their boss.

Now this brings me to the title above.

What a show ineptitude! Thanks Kathy, Joe Pella (Joey – shave that stubble) and Adam Oats who?

Largest markets, Florida, Georgia, Texas and North Carolina Commercial Real Estate, how many of those folks are still here, clients included? Hmm.. all voted with their feet. Even new hires have moved on with corresponding fill in the gap uplifting reorg calls.

Same thing for Grandbridge, everyone left? Why? Oh, and the bank still has a lawsuit against them too. How much is that costing? Interesting read if you have the time. Just wait until they put Kathy on the stand. Can’t wait.

So, what’s the point of this? If you are visiting this site, you need to prepare to set sail for a new adventure and not wait for the next purpose corner or employee survey. Yes, I’m out shortly. Might even get severance and a new job signing bonus if I am lucky.

You?

Was laid off early May and given 3 weeks until 29 May to sign the settlement agreement

My package looks like this
3 weeks to review settlement agreement (no work to do and fully paid)
3 month notice period - Got lucky as this was changed during covid years when they got scared of people resigning with only a month notice
6 weeks tax free redundancy for six years service which was lousy
22 days holiday paid out which I had accrued
Pension and medical insurance paid for 3 months and 22 days

tried to fight for my bonus but got zero

Basically cost me 65 grand to make me redundant in the UK - I was on 140K salary as a senior consultant and I get to leave end of May as I am put on PILON

I start in a new job on 15 June so this is all fine for me and I am delighted

People who are laid off should be using these boards to share what they got so that others can do the same - The time is coming - The numbers are sh-t and they are in a hole with no way out

Per the legally binding agreement between Cummins, the unions and the government, people laid off end March would receive severance payments of 3 or 6 months depending on age and/or seniority. At this point, Cummins failed to pay and hr replies with very vague messages to people enquiring.
The unspoken plan to let the entity go bankrupt without honoring the social plan seems to become reality.
But remember.... 'they care about you'!

What’s the latest buzz about the apparent mass SC exodus in EMEA?

Is this another round of layoffs, or is it simply frustration finally boiling over under the always-smiling RL? Rumor has it that a few feathers were ruffled during a recent partner roadshow in India, along with some interesting interactions involving colleagues along the way.

What’s particularly intriguing is that there don’t seem to be many people left to let go anyway. Most have either already left or are quietly waiting for a generous severance package so they can move on happily.

At this point, it feels less like a workforce strategy and more like a waiting game for employees and a losing game for Appian.

Seriously, everyone should be updating their resume and be actively looking, and when you find something you like get the he-l out because if you wait till the day of that unexpected TEAMS call you will be fu@ked. At this point I would not be expecting any kind of a severance package. What little money they have will go to pay the Sr. Exec group their high 6 and 7 figure payouts before it all crashes.

Decent advice from @ep+1kr20x9vq.