#severance

The largest single corporate layoff in U.S. history was IBM's reduction of its workforce by 60,000 employees in 1993.

However, the ongoing mass federal layoffs under the second Trump administration, potentially exceeding 200,000 workers and possibly reaching 300,000, could surpass this corporate record if completed. More to come in 4th Quarter 2025

Other major layoffs include Citigroup's 50,000 job cuts in 2008 and Sears' 50,000 job cuts in 1993.

FYI— it was confirmed by my leadership that the volunteer exit plans and the severance are only applicable to people at her level or higher. I’m a USA which means I don’t qualify. No USA’s will qualify for it. Just proves upper leadership could not give a f-ck less about people at my level.

Think of yourself and families before this company.

Since it's pretty obvious they want to continue reducing headcount, would they pull the trigger to force returning to the office? I imagine a lot of people would say 'no thanks' and leave, and others would leave simply due to living too far from any office location. It would save them a ton on severance, but would they take the risk of losing people they actually want to keep?

Yes, I was laid off, and I was in shock, especially since I had a good performance review and my metrics were always strong. I cared about my job and my customers, but after three years, I realized the following negative points. The only positive aspect was my coworkers; everything else was disappointing.

• Don’t get comfortable. I did, and I never expected this layoff, but no one owes you anything.
• Upskill. I started this process five months ago, and the job market is brutal. If I had stayed at Oracle for ten years, it would have been almost impossible to re-enter the market.

• Understand that layoffs are not over. They will continue next year. Don’t be a fool; have a plan, save your income, upskill, and be ready to move on!

• There’s no pay raise. Why would you want to work at a place that doesn’t offer raises?

• It’s pointless to work on weekends when you might get let go anyway. I did that, and it was a mistake.

I'm actually glad this happened after three years rather than after 28 years.

I have Oracle on my resume, which is the only positive. However, I would never recommend Oracle as a place to work.

This morning we were told that the company and the unions will begin negotiations shortly. allowing those who want to leave the company on a voluntary basis to receive at least a good exit package

Part of layoff for September 22,2025. What's the last day my medical? Do I get continuous medical, dental,vision for extra one month? Plus till today I received 2 pay slips. Anything else I am missing?

I was let go today after being with the bank 14 years. Curious if I was targeted to prevent a potential much bigger severance at 15 years.

Is there a way to change withholding to have less taxes taken out of severance?

Although I'm not surprised because I've watched things change for the worse. But I didn't see it coming because there are other job openings in my department. Same old sad story of a decent employee who thought they'd retire with the bank.

It was confirned yo us on an AMER team meeting that Cairo office to be shut, severance to be paid to 180+ employees, plus potential option to move to capgemini... Just like that eh wow.

Dear @Mr. LBT,

Please re-open voluntary retirement and severance with package options for your employees.

Many of us have now changed our minds and would like the option to leave with a severance package.

This will benefit both the company and employees. The company needs to reduce head count to 75k and this allows employees who feel that they are no longer able to contribute to Intel's success to leave on one's personal choice.

We do not want to leave without a severance package, as for many we don't have the luxury of doing so. However, with a severance package, we have a buffer and confidence needed to move on.

We wish you the best of success LBT! However, many of us do not have the courage to ride out the rough waves with you.

I have no intention of waiting for the last moment and then competing with everyone else who’s been laid off for the few jobs that’ll be left. Yes, I won’t get severance if I leave on my own, but frankly, I’d rather have a job than some money and the uncertainty of finding something else.

drivers who are eligible should retire now if they can and take the package...

it looks like they are offering full pension benefits and current health benefits, though each person will need to pay about 200. the only question is whether ups will cover accrued vacation time if drivers accept the buyout. older drivers will see route changes as package volume declines. younger drivers with less seniority will face layoffs or be forced to work two hub shifts.

low-seniority hub employees will likely be laid off. i feel bad for operations supervisors, especially the older ones, because they will be overworked and mistreated. ups seems to be pushing them toward retirement or waiting them out until they pass.

I opted out of VSP. I have mixed emotions on staying.... who else is in my shoes?

Can anyone share if they were able to negotiate severance and what was offered?

Based on my team and what I’ve heard so far it feels like half the people I work with took the opt out. Lot of big hitters and people who have been around a while. And they’re only the ones I know about. Wondering if this is similar across the company or I’m just in a department where people can’t wait to leave.

It happened today after thirteen years. I have just a few days left with my current login, any advice? This is the best scenario as there were many times where I didn't think I could stand working for the narcissistic, self absorbed man who micromanages the entire group as a director. He is widley disliked, thinks he is smarter than everyone else and loves to talk constantly.

I am not alone on the layoff stagecoach today. BOS is letting go of 50 today and apparently there is more.

I just lost my job with CenterWell Home Health. Just went through this with Optum in January. Auth Dept hit, I'm in Billing/AR and they wiped us out basically. Blindsided. Supervisors, managers had no clue, left in the dark. Oh, that's because they kicked them out the door as well. Good luck offshoring work. They all do such a great job....NOT.

Does anyone know if it’s actually possible/a thing to volunteer to be on a layoff list for the next round? If it’s inevitable to hit all departments, would rather it be me than others on the team who need this job more than I do -and at least with the layoff you get severance/unemployment vs. nothing when quitting.

Please do not comment with attacks or hurtful insults. This is an honest, genuine question and am curious - this board has been inundated with people insulting people on repeat…which is neither helpful or productive.

Yesterday was the deadline to accept the separation offer. Anyone take it or know someone who did?

I was on the elevator yesterday with managers talking about a Senior Executive is visiting our site 9/16/2025. When this happens there's always displacements. Please displace me today. Displace me with severance please and thank you. Anonymous.

How long will it be before we know how many have opted out of the crazy and taken the severance package? And then how long before we know how many more will need to be laid off to fulfill the goal set?

I opted in. More spur of the moment than some grand plan. I’ve been tired of what this place has been turning into for a long time, and I wasn’t about to stick around for the ringer that’s coming. Sure, I’m worried about what’s out there, but I’ve got a few tentative options - and even that’s something. Maybe I picked the worst time to jump. But right now I just feel relieved.

🤞

(🙏 oh please, oh please, oh please...)

The bank wants its on-shore employees to be gone.

Many (most?) of these same employees hate their jobs but are unlikely to leave due to the current job market. It's hard to spend all day in a job you hate and then find the mental/emotional energy after getting home, dinner, etc to job hunt. It's not impossible, but difficult.

Enter severance.

If the bank is worried about high performers leaving, they can stop worrying. Disengaged employees are not high performers. People perform highly when they like their job.

Nearly all employees that would take the voluntary buyout are exactly the employees the bank wants gone anyway.

The bank keeps hoping that people will leave on their own. It's not going to happen. Wells needs to take lead on this.

Until then, the armies of unhappy employees will continue to do the bare minimum. I don't understand how the bank sees this as the better option.

Hello all, the notice period and amount of severance pay vary from country to country. I was wondering if you received notice period and severance pay according to the law in your country or did Oracle provide you with an extra package beyond the law?

I believe exit dates are two months in USA, and a month in Canada from notification date of August 14. Could someone confirm please, along with the package details? Are packages similar across the geographical area? How does it work in EMEA?

Are people able to find new jobs, hearing it’s a tough market out for anyone looking for a job. Next layoffs are around the corner in Feb 2026, so hang tight.

Happy that you get the big lump sum of money and given the opportunity to look for better pastures? Or you prefer to continue stay with the company and hope for the best?

That's all the new RTO policy is about. I've seen several articles in the past few months where CEOs openly admit they're using RTO as an attrition tool, to get people to quit and reduce workforce without paying severance. I'm just wondering, do they really care so little about the best people walking away, since that's what's most likely to happen?

Hopefully we are all set now.

I heard of a guy who got his severance mail before he had his meeting from HR. Pretty su-ky

With opt-in for RTO Phase 1 due Monday, we could use a thread to focus that chatter this upcoming week.

Are you opting in to the severance?
What made your decision easy or hard?
Have you told your manager and coworkers?
Any indication yet whether you’re out 10/31 or staying on longer?

Has anyone being released in Sept. receive ERP final paperwork?

• UC Health is cutting 50 jobs across the organization
• The mobile stroke unit is being eliminated as part of cost-cutting
• Officials cite "sustained industry challenges" as the reason
• All affected employees are offered severance packages
• Laid off workers can apply for other positions within UC Health
• Staff from the mobile stroke unit will be reassigned, not laid off
• UC Health employs about 12,000 people in the region

https://www.healthleadersmedia.com/cmo/uc-health-lays-50-workers-and-eliminates-mobile-stroke-unit-budget-cutting-move

UC Health is cutting 50 jobs across its organization, citing financial pressures and the need to reduce costs. The Cincinnati-based academic health system, which has about 12,000 employees, says those affected have been offered severance and may apply for other open positions within UC Health. Earlier this year, the system disclosed plans to shut down a post-acute care facility and an assisted living facility by the end of September - moves projected to affect about 474 workers. Also, UC Health will wind down its Mobile Stroke Unit later this month, though those workers will remain employed. UC Health is headquartered in Cincinnati, Ohio.

Source: https://www.healthleadersmedia.com/cmo/uc-health-lays-50-workers-and-eliminates-mobile-stroke-unit-budget-cutting-move

I’ve chickened out so many times already, and with the job market the way it is, I’m extremely hesitant. Still, I can barely drag myself to work every day. I can’t stand this company, and I’m bored out of my mind with my job. It’s all pressure, it’s mind-numbing, and there’s absolutely no payoff. Better they give me the boot when I don’t have the guts to do it myself. That said, I don’t wish layoffs on anyone who, for whatever reason, needs this cr-p of a job.

I can’t change what will happen, and I know I won’t have any influence on the decision, especially when costs, not performance, will almost certainly be the deciding factor in these layoffs. I’d rather save my energy for whatever comes next. Severance can help bridge the gap, and no matter how bad the job market looks, there are always options. I wish it hadn’t come to this, but now that it has, the best thing is to focus on personal interests and possible solutions. And honestly, it’s not as if this has been the greatest place to work anyway.

Anyone get their ERP paperwork yet? If so, does it mention a salary increase during the severance period?
I remember reading that it is tiered by job level.

During the last week of August 2025, Senior Leadership instructed all departments to eliminate 5% of their workforce due to financial concerns with the decrease of enrollment. It seems that the individuals chosen were at random. Individuals were laid off effective immediately and were not given any prior notice. Individuals were required to turn over any and all University-owned technology. The University deactivated all individual's accounts within 24 hours. The University offered "severance" to some individuals.

What is the over/under for % of folks who EOI'd? Has the TLO sphere experienced a lot or a little murmurs of folks EOI'ing?