#severance

Recently riffed and took severance. I recall seeing there was a “6 month cooling off period” in our severance details but I have logged into the severance portal and that information is gone. I cannot find anything regarding the details of the 6 month cooling off period. Only thing in my severance document is something stating that if I am re-hired by a Verizon company within my severance period I have to repay back a portion of my severance. Are we allowed to work for victra if we accepted severance or that is considered a Verizon company?

Where are all the “JOBS” that Amazon promised would be available to the 16,000 they laid off this month? Where is all the “SUPPORT” they claimed they would provide us to find alternative jobs within Amazon? Where is the “…..WORLDS BEST EMPLOYER” support Amazon promised us? Why are all the jobs disappearing from the internal jobs site all the sudden?

This horrendous company, albeit they paid me great money and moved my family and I across the country, bait and switched me only to be laid off and unable to afford moving back to where I called home. So here I am, sitting in front of a laptop looking for non-existent jobs from hiring managers that fail to respond to a courtesy slack introducing myself and explaining why I am reaching out (basically that I’m about to be homeless) today. When they do respond back, why are they telling me the role has since been filled when it was JUST posted three days prior?! I am OVER qualified for positions I am applying for and STILL no response.

I have been with Amazon almost a year and a half. The most recent Forte landed me TT, as confirmed by receiving a copy of the letter of recommendation from my L8 supervisor. I have had three different L8 letter of recommendations sent to one specific hiring manager, whom responds back to them stating they will reach out, only to have zero interaction with said “hiring manager”.

I have been assured, multiple times from a reputable source, that I will be offered a role before the date ends, but how am I honestly sleep at night when I have yet to receive any communication. Do not think, for so much as a second, that I am an HV1/2 or even HV3, I have proof I am TT. If someone who is “valuable” to Amazon, why do they allow me to feel like that nasty urinal cake from the men’s room of a sleezy capital hill dive bar?

This is absolutely depressing to say the least, this company has me sitting here contemplating things nobody should ever have to contemplate. I truly feel like I am being buried alive with a plastic stir stick to breath from.

Wish I had someone to help, someone like myself as I help my team find jobs. Ironically, to which I have already landed 3 of my 7 direct reports with roles before their severance date ends. Meanwhile I will likely be unemployed come May since nobody is helping ME find a job. How’s that for “… WORLDS BEST EMPLOYER”?!

I certainly don't wish for anyone to lose their job. I just want my severance so I can be on my way. This place has been toxic and utterly exhausting. There's only so much you can endure before it erodes your well-being. There's a whole life I've been missing out on for years. Don't ever let work monopolize your mind and time. The sacrifices never truly pay off in the end.

Between Q3 2025 and Q4 2025, FSB reduced FTE headcounts from 13,221 to 12,824 (379 FTE reduced). However, Salaries and Benefits expense went up from 1.74 billion dollars to 2.32 billion dollars. This does not include bonuses since bonuses are paid out in Q1 2026. Has Bank really spent so much on severances or has Bank hired highly compensated employees while cutting MSRs?

You can look up the numbers by going to FFIEC call report.

They reduced the lunch cafe hours, and now they expect us to come in even more? Are they trying to get people to quit without having to pay severance packages?

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?

There has been a huge GCC based layoff in India today, laid off employees in India were given decent severance but they were immediately escorted out of the office with security guards.

Do “regular” one off job eliminations get offered severance? Worried superfluous PIPs and bogus fires will start next. Our org says we’re done but it sure doesn’t feel like it

I was speaking with an attorney friend that mentioned he just settle 2 labor lawsuits. 1. A President of a banking institution pronounced am employees name incorrectly for 14 years. 2. A SVP gave praise to ab employee for saving a client relationship. 3 months later they were fired for an unrelated incident. They sued that bank! My point in sharing is I was Job Discontinued in Aug. 2025. It is not Feb 2026 and I have yet received my severance. Citi has NOT MET THE TERMS OF THE AGREEMENT!!!! When escalated the date keeps moving with NO EXPLAINATION! Seems like i have a case. Just sad I enjoyed working for Citi for over 20 years. What they have done to me and the other 500 people JD in Aug 2025 is unfair and unjust! To the other 20k employees thay will be eliminated good luck!

Now that we see Crown Castle is going to weasel out on the RSUs for the 20% of people they are laying off tomorrow, it made me wonder about this corporate squeeze-play they are doing with RSUs for those in the perimeter.
I’ve been a project manager long enough to know when a project plan has a massive hole in it. Right now, the company is spinning this "retention incentive" like they’re doing us a favor. But look at the math: they are accelerating what we already earned from last year, while completely cutting us out of the 2026 LTI grant.
There are over half of us moving to Zayo or EQT. That means over half the company just got hit with a massive compensation gap while those remaining get the full bag.
For those of us in the field, those RSUs are a huge part of our total pay. If you take that away, it’s basically a constructive pay cut.
A few things that don’t sit right:

1. The SEC filings say the company has to operate in the "ordinary course of business" until the deal closes. Skipping a standard annual grant for a couple thousand people doesn’t sound like "ordinary course" to me. It sounds like a budget hack to make the books look better for the buyers.
2. Does this trigger "Good Reason" for us having a material reduction in compensation is grounds to walk with full severance.
3. We already saw the Byler v. Crown Castle class action pay out for the California crew. Do they really want 2,000 more of us filing a bad faith suit while they’re trying to close a multi-billion dollar deal?
   Accelerating my old money doesn't make up for stealing my new money. If Zayo isn't putting a "bridge grant" in our offer letters, Crown Castle is leaving us high and dry.
   Time to stop being "Castle Casualties" and start asking questions about our rights, too.

Hello, Does a Team Member Checking stay a Team Member Checking through the 60 day Non working employee period? Is it possible it could stay a Team Member Checking for the other 12 months of severance when the 60 days expires? BTW, Wells Fargo has excellent service for check ordering. I was worried with the Ice and bad weather it may take more than 10-14 days for my checks to arrive. I received them today. Thank you Wells Fargo and your check supplier.

Does anyone know how long severance pay is? As a UM nurse we have hardly had any cases come through for all markets for over a month now. They said some members may be moved to the California team but they have not asked anyone to apply for CA license.

I've hit my limit. The environment is so toxic and the stress is constant. At this point, a layoff with severance sounds like a gift, a paid ticket out of this hellhole. I just need an escape.

Yes, with layoff you get severance, but with a PIP you get a year of pay and you might even get to stay after it. Most people prefer to be laid off between the two but I think PIP gives us better options.

For those recently laid off that are bonus eligible, did they give you a bonus for all your 2025 work or offset you not getting one somehow?

Can anyone chime in on how severance work these days? Tenure? Anyone negotiate? Do they pay out PTO? (esp. folks who were never allowed to actually use PTO) Negotiate?

A law firm is investigating Westlake Corporation. The investigation relates to a mass layoff in Lake Charles, Louisiana. Westlake informed Louisiana Workforce Development on December 15, 2025. It examines if Westlake failed to give 60 days' notice to 121 employees. Employees affected may receive 60 days of severance pay and benefits.

https://straussborrelli.com/2026/02/03/westlake-corporation-warn-act-investigation/

Starting to see all the people that got laid off in October, starting to freak out about not finding something. Severance is most likely gone, and unemployment getting ready to run out.

International Paper is closing its Union Gap facility. This action will result in 102 job losses. The plant manufactures corrugated boxes and paper goods. A large global financial loss drove these closures. Employees will be offered severance and potential transfers.

https://newstalk870.am/union-gap-paper-plant-to-close/

A few people in my general group (Risk) have been put on PIPs. Is it safe to assume that they will be laid off or fired? Will they get severance? This is a new tactic in my area. How does this process play out?

Just got displaced today. Anyone know how severance is determined?

Any clue where the “severance policy” went? There used to be a laid out plan of what that looks like and now it seems like there are updates to the HR policies, but none that layout the specifics.

I was a product manager laid off with no notice. The severance package su-ks. Plus given less than 60 days of pay until I'm officially laid off from company. I think they are trying to get rid of Remote employees.

For those that were laid off yesterday how many weeks pay were included in your severance package ?

I work in downstream, was given a date for severance in april due to reorg. Managers said I could post out internally but if I’m not selected. I will receive my severance. I was out on fmla leave last week, then I get the news today. I was escorted out. Is it normal to have gcc, phone, laptop, GI card and facility access taken? How would I be able to apply internally? Or was it a way of saying you’re fired? I have a lot of people depending on me. Just looking for help. 36 year old. Been with shell 7 years going on 8, not no more it looks like. Lol

As a person who took the past VRP and received 2 wks of pay per year of service, (so a year of pay for me), well subsidized cobra and bonus, I am curious what the terms are for those laid off. Is it a similar package after being paid through March or whenever? How long is the severance pay and other items.? Thanks for any info and so sorry for those affected. I definitely hadn’t planned on leaving this soon. Really loved my job

I have heard that HR does not like people who have 2 inconsistent meets in a row, but if 2 year end IMs are separated by a meets at midyear, would that make a difference… And if so, how?

I can't believe they waited until the end of the day to start the walkouts. 3 so far when they got to me. I hope they can actually afford the severance they offered.

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

Got severance last November, it said unused vacation, service pay per year, and performance based bonus payout PAYG. So far only got the first two, not PAYG. When to expect to get it? Will it be paid ? If not, where to file claim?

They gave us 90 days to find an internal role. This period is with base pay and benefits. Then 3 months severance package.

All I have heard regarding those packages were people had a 24 hour response time or it was being withdrawn. Is that true? There are also 21 - 45 day acceptance of severance packages in the US depending on your status. Are those being violated?

This company has outsourced so many jobs to India. Are they really true employees or are they Indian owned and operated with agreements to label them as employees? Is that why it takes them weeks and months to fully terminate them or the 5 managers? The US employee numbers and the high number of Indian employees are a nudge to contact whistleblower portals in the federal government to offshore employees and save money.

For the people over 40, these RIF's are considered group layoffs. It does not matter if you were terminated in groups from the same team. We you given a list of all terminated employees, their ages, title, and any other?

Has anybody contacted DOL or any other wage and labor law representatives regarding the terminations, older people, people with disabilities, offshoring to India, and anyone else?

I would have assumed there would have been audits by now as FIS is breaking up the terminations to bypass federal and public reporting by now but have not heard of any.

Since that seems to be the goal. I wonder if it worked as intended, or if people, given the job market, are just trying hard to accommodate. I'm in the latter group. RTO is needlessly time-consuming, expensive, and it’s hard to see any reasonable explanation beyond pressuring people to quit. Coming into the office has made me less efficient, and nobody on my team is even nearby anyway. I’ve decided to go along with it for now while I look for another job. In this game of chicken, I'll let them be forced to lay me off. After so many years, I'm not leaving without a severance.

Separated March 2025 and haven't tried accessing the portal in a while, and now I'm getting access errors. I can dig around and figure out who to call, but I'm wondering if anyone else has had issues and has found someone helpful. TIA.

https://www.nlrb.gov/news-outreach/news-story/board-rules-that-employers-may-not-offer-severance-agreements-requiring

From the NLRB (Feb 21, 2023): "Board Rules that Employers May Not Offer Severance Agreements Requiring Employees to Broadly Waive Labor Law Rights"

"Today’s decision, in contrast, explains that simply offering employees a severance agreement that requires them to broadly give up their rights under Section 7 of the Act violates Section 8(a)(1) of the Act. The Board observed that the employer’s offer is itself an attempt to deter employees from exercising their statutory rights, at a time when employees may feel they must give up their rights in order to get the benefits provided in the agreement."

Anyone have legitimate knowledge if they'll cut bank severance packages again this year?