#severance

Heard they may offer a VSP but reduced to match typical severance packages. Anyone else heard this?

I got laid off almost two weeks ago. I received a personal and work email for a job offer. It’s Employee Installation Representative. It’s for 5 months. It would not mess with my severance. I would get paid what I was making. Has anyone else received an email Iike this or accepted this?

Has anyone here who recently retired or forced into retirement from Verizon signed up for the Retiree COBRA Plan?

My severance package includes my current health coverage, but that coverage ends in September, so I’m trying to decide whether enrolling in the Retiree COBRA Plan is worth the cost.

I know I can call Verizon Benefits and get answers to my specific questions, but I’d really like to hear from real-world Verizon retirees who have actually gone through the process and can share their experience.

For those who enrolled:

What are you paying per month?
Which plan did you choose?
How has the coverage been compared with what you had while working?
Have you run into any unexpected costs, limitations, or issues?
Overall, do you feel the Retiree COBRA Plan is worth the cost?

I’d especially love to hear from Verizon retirees in Florida, but I’m interested in anyone’s experience. I’m trying to make an informed decision before my current coverage ends. Thanks!

They are for evidence. time stamp video evidence. fire with cause when timesheet has 8 hours but video shows 6 on site. All to avoid severance. doomed.

I was looking through my new employee paperwork from when I started at Wells many moons ago, and at that time the company policy was 1 month of severance for every year of service. Sometime in 2017, the policy apparently changed to just 2 weeks per year.

My questions are: Can the company legally change a severance policy like that? Did employees have to sign something acknowledging the change?

I vaguely remember seeing something about this in the OWBPA or on Teamworks before I was laid off. I’m especially wondering whether older, long-tenured employees have any recourse.

Please only weigh in if you actually know the answer or have relevant experience. The snarky remarks are getting old. Thanks!

Do those put on PIPs receive severance benefits similar to a layoff situation?

Am I reading correctly that we will not collect VSP until 45 days after signing the agreement on our separation date?

It is so subjective, isn't it? Use the information that you have and do what is best for you and your loved ones. Clinging to the notion of getting severance has caught up more than a few. Then, surprise, your severance is lost due to a relocation of your work to another division or company such as Cognizant. The only move to make is the one that gives you a semblance of peace in the current environment. Semblance, not actual peace.

I visited TheWorkNumber website and an entry under “Verifiers who have procured or attempted to procure your data in the past 24 months” appeared as having been pulled by Verizon in August.

Is this de rigeur for offboarding? I’d recommend everyone check theirs.

Can somebody please say what the severance package was like for the latest layoff? Just to see if there were any changes since the last round.

If you got 8 weeks notice was your severance package 18 months less 8 weeks?

Is anyone getting longer formal notice? Did anyone get like 6 months formal notice so that severance was significantly reduced ? (18 months, less 6 months ?)

For those of you that have analyzed the PIL language or had a lawyer review the language, were any dealbreaker clauses found?

Is it worth signing to get 3 months of salary?

BP severance was “deselected” by BP but no new package received from Stonepeak yet.

Starbucks is relocating a significant portion of its workforce to a new Nashville office, leading to job cuts for those unwilling to move. Approximately 120 Seattle-area employees will lose their jobs for declining relocation, with an additional 104 positions being eliminated. The company is investing $100 million in the new Nashville complex, slated to open in 2027. This move is part of a broader restructuring strategy aimed at reducing costs and improving decision-making. Severance packages will be offered to departing employees, with the process expected to conclude by November 1st.

Seattle, Washington

https://www.ynetnews.com/business/article/r1dmqt00dzg

Is it standard and final?

You have the opportunity to do something good for those that wish to stay. Talk to your manager and put yourself forward to be on the list and get a package. Or just keep talking about how you want to leave. Your choice

How much worse off can you be than staying here if they show you the door and send you off with a nice severance package? Honestly?

Is it going to be the same as the last time? I'm hearing there might be some reductions, but I truly hope that's not true.

I heard that folks on laat displacement didn’t get packages. Any truth to that?

Wondering what might happen to the 10% that were placed in bottom ranking group. Will they automatically get terminated? Will they get severance? In most cases placement was probably due to performance but have heard of a few cases where managers made false accusations to force placement in the bottom and satisfy the newly established quota.

Obviously wait until your severance is a month or so from being done since the hiring process is about 4-5 weeks from first interview to job offer on average. Some licensed positions are quicker since not everyone can apply vs anyone off the street like a teller.

Hello - Did anyone else get a second separation agreement email yesterday? It’s been over 9 months so it is a bit odd.

Reddit brought it up too

https://www.reddit.com/r/IBM_Employees/s/NIb64DW7VI

Is it a scam?

Immediate Action Required - Important Information Regarding Your Employment

Dear Abby,

We are sharing some difficult news regarding your position.

After careful consideration of Oracle’s current business needs, we have made the decision to eliminate your role as part of a broader organizational change. As a result, today is your last working day.

We are grateful for your dedication, hard work, and the impact you have made during your time with us.

After signing your termination paperwork, you will be eligible to receive a severance package subject to the terms and conditions of the severance plan. You will receive an email from DocuSign to your Oracle email address with details on your severance and termination date.

Immediate Action Required
To receive important follow-up information, including FAQs and separation documents to help you through this transition, you must provide a personal email address.

Please click here to submit a personal email address immediately. If you make a submission error, please re-submit a new form. Please Note: The personal email address will only be used for correspondence regarding separation-related information and severance agreements.

Access to your computer, email, voicemail, and files will be deactivated soon, and you will be unable to log into your computer. As a reminder, you are prohibited from downloading, copying or retaining (including emailing yourself) any Oracle confidential information.

Thank you for your contributions to our organization. If you have additional questions, please reach out to the HR team via the Ask HR page or at (888) 404-2494.

Oracle Leadership
Confidential – Oracle Internal
Copyright © 2026 Oracle. All rights reserved | Internal Privacy policy

do you mean friday 8/28? or monday 8/31? several people are saying monday. any information on severance? number of people? this is not the end. layoffs will continue to happen over the next 2-3 years

How did he possibly manage to sail away with a smooth $3.3 MILLION "severance payment?" With all the layoffs and cuts!

When will they contact those that are leaving to go over severance package , those that went thru this ,can you comment on process , can we keep life insurance if we pay premium,

Has anyone (recently) successfully negotiated a longer/improved severance package using an attorney?

Does anyone know how to get a copy of our most recent severance policy? I have an idea of what it was back in 2024 but dont know if it has changed recently.

Please? I'd give anything to be shown the door with severance. I've grown to absolutely hate this place.

Just got my Zoom meeting. Final separation date is Oct 23. Severance is salary/benefits/vesting through separation date plus 2 weeks of On Target Earnings (min 8 weeks) for commission employees.

Whatever consultants Wells hired for these rolling layoffs must have told them severance packages would mask the illegal discrimination well.

With the onesy twosy layoffs still occurring why is there no info here on package? Weeks of severance? Weeks of cobra? , etc. has it drastically been reduced?

When does severance package begin if you were told day of notification was your last day? If 9/4, are you being paid through then w/regular pay?

☕ Coffee? Check.
📅 Calendar? Check.
😰 Existential dread? Check.
👔 Manager + HR meeting? Oh… sh-t.

Good luck to everyone tomorrow as we gather for that very special corporate tradition known as “Career Roulette Thursday.”

Remember, no matter what happens, your company has a carefully prepared plan for your future…

…it just may not include you. 😂

And somewhere in India or the Philippines, someone is already polishing their résumé.

May the odds, the severance, and your remaining PTO be ever in your favor. 🍀

Maybe I wont take severance.

No severance, no non disclosure to sign.

A big fat book on the toxic Wells fraudo

Just stopped by to thank the current employees for keeping the ship afloat long enough for my pension to clear and hit my IRA. I wish you all the best. Severance is a great thing after hitting the MR75. Good luck to you all!

FedEx will lay off 89 employees at its Alliance Ship Center location in Fort Worth. This reduction is part of a broader reorganization initiative that began in 2022. The goal of this initiative is to improve the company's efficiency and profitability. Affected employees have options including transfers, severance packages, or leaves of absence. This follows a previous layoff of 305 employees at a different Fort Worth site in May.

Fort Worth, Texas

https://communityimpact.com/keller-roanoke-northeast-fort-worth/business/fedex-to-lay-off-89-at-alliance-location-in-fort-worth/

Has anyone else run into problems getting your unemployment paid in Texas? They denied our claims for payment because of getting the severance package! So now after 6 months separation, they will now start the 6 month clock to claim. So 6 months of logging every job search so far, and now have to keep on logging it. No one is even willing to interview a database programmer in their 60’s! We appealed, and it took them 12 weeks to finally set up a hearing on it next week. Any tips?? TIA

Assuming not for cause