#severance

With the 401k funding change, could severance packages also change?

The only way I'm leaving is with a package. I can wait you out evil company.

From an HR contact - make no bjg purchases in the New Year. Many more positions to be eliminated starting end of January, continuing into February. You may get bonus as a part of your send off package. Engineering, maintenance, IT, LEGAL, HSE, ERR, Purchasing, and other administrative roles are in scope!

I've known this guy for over 20 years. He used to reply to my texts instantly, even on weekends. I know his family, etc. But now he's ghosted me and left me on read. I sent another note, and he ghosted again. How threatened are the higher-ups to speak on their packages?

Hold on and wait for the severance package. It’s coming anyway.

Five peeps in 2 weeks terminated, not laid off. I’m not convinced all of them went through performance improvement process. We know job reductions are coming in 2025, is this the norm so they don’t have to pay severance?

No unexpected changes?

280 people, ISG all roles, even managers, directors. packages

under 50, 1.6months per year until 14, 1.5months per year from 15th year, no year limit

for more than 50: 1.9months per year until 14th year / 1.6months per yearn from 15th year

au revoir Dell

The thought of near-certain severance is the only reason I am still here. Otherwise, I would have left long ago given the uncertainty and constant stress.

ASTLs being offered severance or to reapply for open TL spot end of Q1 2026

It is very frustrating to see job postings with the same title that were laid off in October. Why would I apply for this role, will it be offshored soon too? Thinking I will just take my severance and move on. I don’t want to get a new position in Cargill only to go through this again….

Has anyone in the October 29 Layoff recieved their lump sum yet? Official last day would be November 29th.

I was employed with Bank of New York Mellon (BNY) for approximately 26 years. Throughout my tenure, I remained in good standing with the company and maintained a consistent performance history..

During the first nine months of this year, I reported to a different manager than my current one. I completed both a beginning-of-year performance review and a mid-year performance review under this manager. In both reviews, my performance met expectations, and I was never advised of any performance concerns, deficiencies, or behavioral issues. I did not receive any verbal or written warnings, disciplinary notices, or improvement plans during that time.

My manager specifically told me that I met expectations and that he had spoken with colleagues with whom I worked directly. He stated that no negative feedback had been reported regarding my work or workplace behavior. At no time was I made aware of any issues that might jeopardize my employment. There was no documentation provided to me demonstrating poor performance or any other cause for termination.

Without prior notice, I was informed that my employment was being terminated. I was immediately instructed that I did not need to return to work for the remainder of December, and that all of my system and workplace access was removed at that same time. I was not provided with any explanation or supporting documentation demonstrating cause for termination or identifying any violations or performance concerns.

I was then told that I would receive a separation agreement by email and that I would need to sign this document in order to receive additional severance pay. Specifically, I was informed that if I signed the agreement — which includes a waiver of rights — I would receive an additional sixty (60) days of pay covering the months of January and February. I was told that if I did not sign the agreement and waive my rights, I would not receive this additional compensation.

At the time of termination, I had no pending disciplinary matters, no documented poor performance, and no warning of potential job loss. I was terminated abruptly after more than two decades of continuous service, without explanation, documentation, or an opportunity to address any alleged issues. I was effectively presented with a condition where I must waive my legal rights in order to receive severance compensation following an unexpected termination.

I am currently seeking legal representation from an employment attorney or firm that has experience representing former BNY Mellon employees or handling similar wrongful-termination and severance-rights cases involving large financial institutions. I am specifically looking for counsel who has previously dealt with situations involving long-tenured employees terminated without cause and asked to sign separation agreements to obtain severance pay.

Well kinda ironic I signed my severance package and since then I am having log in issues and can't get past the VPN. Im in a no fault state and with everything going on. Nothing surprises me anymore.

did anyone receive RSU's after layoffs? In my final letter, they haven't mentioned anything specifically about RSU's but on my etrrade it shows RSU vesting pending.

I swear, if even one of them — ideally some crypto-rich ba----d who’s already set for life — just quietly refuses the package, keeps vesting, and then unleashes he-l…Organizes the PSRs, starts a union drive, dumps every single Slack thread, every off-record call, every “alignment” deck, every real comp band doc, every actual burn numbers, every lie they told the board, every threat they made behind closed doors…Then spends the next three months or 3 years doing every single podcast that’ll have them — Bartlett, 20VC, Dwarkesh, Cerebral Valley, Piratul, the works — no fear, no filter, just pure napalm truth. Stock’s down $25+ before the first episode even drops. VCs panic-selling. Recruiting becomes radioactive. Customers start calling asking wtf is going on. All because one person decided the truth was worth more than another few million. I’m begging the universe: let there be one. Just one who doesn’t cash out and shut up. Please. Someone be that guy.

as a merchandiser of 15 years iwish I was offered a severance package lol

are folks that get severance supposed to talk about what they got if it's a more generous payout than what the policy allows (2 weeks for every year)? do fired employees get severance? Has anyone heard of such a thing?

Who is hoping to be laid off ? How much is your severance pay? 💰

What happens when an employee is laid off after a divestiture? Like when a severance is paid how many years of service is taken into account: is it the number of years at OT or at the new company? or do employees get a severance during divestiture? what happens to their PTO days etc.

https://cigna.wd5.myworkdayjobs.com/en-US/cignacareers/?Location_Country=c4f78be1a8f14da0ab49ce1162348a5e

look at the list of people they need in India. if that's your current role then you might want to start writing to your senator, to Trum, etc and let them know about this. because once you get laid off, you will have to sign something saying you can't retaliate, etc, if you want your severance.

I was paid just fine during the 60 days, and I submitted the severance docs early on. I didn't get paid on 12/5 though. It's there a delay for the first severance check?

I refuse to work another weekend. Most days since the RIF notice have been 16 hours. My eyes are blurry. For what? Now, now it’s a priority to create documentation and do migrations. Before all this, just give to so and so.

If they withhold my severance sc--w it I’ll stock groceries at least the work ends when you leave for the shift. Good luck to all.

Poor Raises, Poor Severance, No Upward Mobility, Cafeteria Style Seating for Your Workday, Garbage Stock Price

Job Well Done John Stankey
Recent Warner Brother Sale to Netflix is another glaring Bat Signal, Exclamation Point, Nail in the Coffin at your utter buffoonery in running an Organization.
At a bare bones lowball minimum(aka what you sell assets for Stankey Style) you have cost shareholders $100B in equity value. At an absolute ceiling(what you buy assets for Stankey Style) you have cost shareholders $250B in your career as an Executive at ATT. You get played like a fiddle at the poker table time and time again but of course it is with other people's money and lives. Total failure in the business world.

"Laid off employees will receive the severance package as in the last cycle in calendar year 2025. Legally within the same calendar year terms of severance cannot be changed.

I also heard that after 5 December 2025, every employee who is laid off notices are given will receive a fixed 12 week severance regardless of seniority (meaning those notices going into effect in 2026). "

Has anyone else has insider information to verify or contradict this?

Nothing like going into the week before Christmas and being laid off! What a CR-P company! Looks like it is the Corporate support teams but who knows what areas will all be hit! Has this always been a thing for this company? If so, why do people stay or even start here? Is the severance worth the anxiety? Not sure if I should wait and see or try jumping ship now!

Anyone know when vacation will get calculated for severance.

I got the email. I am a high performer so it was not based on that. I suspect the offer is age based to get rid of the high salary folks. I am 62.
Exit date May 31 2026.
Depending on your level 8 - 26 weeks severance (26 weeks is VP level).
RSU - an additional year of vesting.
2026 Bonus will be pro-rated.
30 days continuation Medical
18 Months Subsidized Cobra (you pay what an employee pays).

Thought might be useful info, so bumping the post up. OP: @aq+1kbjqa3b6

There had been rumors that the severance package will be reduced next year, driven by expense and the cash situation. Anyone insights?

The quarterly earnings release is a good place to check for numbers. You can find it online. Q4 is obviously not available yet; these are from the Q3 report:

• Compensation, benefits, and related costs in Q3 2025 of $632.5 million decreased […] $16.3 million from Q2 2025. The decrease compared to Q2 2025 was primarily driven by lower salaries and benefits, reflecting a decrease in average headcount of 1.9%. Long-term incentive compensation expense also declined due to higher forfeitures. These impacts were partially offset by a higher bonus accrual. The firm employed 7,830 associates at September 30, 2025, a decrease of […] 2.9% from 8,063 associates at June 30, 2025.
• The restructuring charge in Q3 2025 of $28.5 million reflects compensation costs, primarily severance, incurred in connection with the July workforce action.

Setting up a new computer today and my access to the severance portal and Verizon benefits connection are no longer working. I haven't logged on in a minute so not sure when this issue started. Anyone else have this problem or know who to contact?

From folks who say, "The company doesn't have to give severance..." or "other companies do much less....".
What EFFIN BS.
Yes, WF HAS to provide severance. They have to abide by the employee handbook which they have published. For all you mo--ns out there who think WF is going above and beyond....LMAO! You are d-mber than a bunch of rocks!
WF HAS to abide by what they have committed to in their publications.
Yes, they can change it. But that will take time. They'll have communicate it, have to allow time for it to become policy. Even then, there will be challenges. Likely - as WF is wont to do, they'll sc--w some simply due to bad management or personal grievances. But, overall, any changes in policy will take time and have to be announced well in advance.
So to those of you who say, OH! But they are so awesome, they give sooooo much in severance!
I say to you, what a bunch of buffoons. You su-k. Totally and literally. Get a grip. WF only gives severance to shut folks up after a long tenure, then pittances for them. Why doesn't anyone talk about the employment contracts Sr. Executives get? With guaranteed bonus, guaranteed retirement, guaranteed yearly increases (based on actual, things that are written down)?
Yep, what a bunch of losers that decry what we, the workers complain about. We, the workers - are due MORE. MORE than what we are getting when we are thrown to the curb!!!
Just saying, had to get that off my chest. OK everyone, go back to your bingo games.....LOLOLOL

Today was supposed to be a day for more cuts. So, who got notice that they are getting a big check and subsequently running away from this dumpster fire as quickly as possible?

My payout is wrong. The numbers do NOT add up. Called benefits hotline and they couldn't understand where the payout is coming from either. Do not leave anything on the table.

Thread title and anyone have any idea if they were to do so how long it would take to change it?

Maybe it would be a good idea to go find a new job now before the lay-offs. The longer we wait, the less likely we will find another job with all the competition. Especially if you only get the little management severance package. Why wait ?

This LHH service seems to be a little value. It seems that the voice mode of one of these LLM‘s commercially provided as better. And what’s up with this $20 million fund has anyone actually heard anything about that about what it is and how to enroll it? I’m tempted just to ask for the cash.

For those that are hanging out here after going through it, do you find these outplacement services to actually be a value or is it just a way for corporations to make themselves feel better?

Also really happy to be doing migrations of applications all the way up to 15th. Really happy to have everyone reaching out for things to be documented when it wasn’t a priority year prior. This is wonderful. What is it almost there we’re almost fricking there good fricking riddance.

So for those of you who aren’t getting information from your managers, directors, etc., the workplace relocation notifications are going to take place beginning first or second week of January. If you’re not in one of the 40 key network locations, the four hubs or one of the 10 to 12 other approved locations you will be getting notification to move to a new office location.

If you’re within 50 miles of your new location, you’ll be expected to start reporting within 60 days. If you’re over 50 miles you will have 60 days to say whether or not you will accept the new location assignment if you say yes you will have until late spring early summer 2027 to make the move if you say no in all likelihood, you’re off the payroll by June 2026. If you say yes, and then the year passes and it’s time for you to go, and you say no, you’ll be terminated without severance.

Everyone, regardless of your role or your organization is affected. Whether you’re a national employee, original employee or a market based employee all these rules apply and many of us are already being told unofficially where we’re headed.

This is all part of a two prong effort to reduce headcount and also reduce real estate footprint. So the company will reduce real estate footprint and obviously save money by selling off those buildings and/or ending leases. Secondly, they’ll save money with a reduced headcount because there’s going to be people who say no right out the gate and others who will leave the company in the term or when the time comes further reducing headcount considering how many people this affects it’s gonna be a pretty steep cut in headcount when it all shakes out.

I was able to negotiate a better severance package. The company recently bumped up its severance fund to $205 million, so theres more room to work. I got extra compensation and more months of outplacement services. Definitely try negotiating. They're open to it and it's worth asking