#severance

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

“Laid” off as part of a small wave of layoffs has n 2025.
Usual pattern:
layoff 20 +/- employees to avoid WARN notice requirements.
80% of employees “laid off” are over 40
Require employees to sign Separation and Release agreement to receive pay for accrued vacation and a not so generous severance of 2 weeks thus avoiding EEOC reporting.
Wait for review period of separation and release to expire.
Advertise same position and hire a younger employee to fill position.
Rinse and repeat.

Has anyone who was forced out due to RTO found an attorney willing to pursue severance claims against BNY? If so, could you share their name?

I heard they cut some of the fat cats at the top of the hierarchy. They are making them reapply for their positions while also providing severance pay? I haven't noticed any of those positions listed either internally or externally. From what I hear, they covet fresh ideas and are looking for external applicants for those positions.

Did they just decide they can manage without the higher salaries at the top? I worked near one of them, and they always seemed to be doing nothing at all, they are from the Maryland area. They complained half the time about their direct report and the other half just looked busy and left early often. I know WIM sales is very heavy with people making too much. Is this a sign of the future? Cut from the top and move down instead of the usual cut from the bottom and gradually move up?

So my off payroll date is December 19, but reading the severance agreement and FAQ it looks like I have 45 days to sign the agreement, which means I could sign it in January 2026. So on a cash basis I would think this means the severance payment would be for my 2026 tax year and keep me in a lower tax bracket.

Has anyone else considered this approach? Would any benefit or payments be given up by delaying like this or is the only real drawback just a delay in receiving the severance payment?

Can you take a short term temp/contract job and still receive the warn severance? Would it cancel it out?

curious if TF gives severance and for how many months

What the f Wellsfargo? I have been working here since 2007! Is it how you treat your employees now? FU!

I’ll get the ball rolling : 300 from non mfg and 200 from mfg axed.
Package not bad 25 mths but company can pull the plug anytime up to your departure date and have you stay.

Ok start gibbering !

Teradata just rolled out a voluntary separation program.

given we have lifted the asset cap and are extremely profitable, one would think this years comp would be one of the best in a while, but from what I hear it's going to be one of the worst. Guess they need more money for severance and stock buy backs.

So, now that the limitations have been lifted, now that we've started minting money, would it be possible for the execs to stop playing games with us and just pay severance pay for the roles they no longer need? They may as well stop to overwork us, make us work insane hours, play games and give us fake write ups just to make us quit. Sooo.... Pay severance and let's part ways.

Yep. And it was a significant one too. Like almost a year's worth. Why? Because the Atty's reviewing the documents and the facts of the severance.....said nope! Way more $$ by fighting it out. Turns out, there is a line of business which has been doing "funny business" as it were. And soon, the truth will be coming out.
For my friend's sake, I sure do hope so. That was a brave act, IMHO.

Made a mistake not opting for VSP last year… now I am stuck with 25 years and not getting riffed… if they don’t offer VSP soon, I may be forced to just resign with no severance package… call me lucky or privileged, but am looking for suggestions