#severance

So firm is splitting. Connectivity and Platforms will be a separate company. Angelakis is coming back and will be the CEO of that. Croney is already CEO of that unit today. After split, will there be two CEOs, or does Croney go back being the COO? Or can someone confirm the rumors that Herrin is finished and Stirling will take his space ?

Powers and Sons, LLC, will lay off 53 workers on December 7th. This reduction is due to a decrease in customer orders. The company is located in Montpelier, Ohio. Employees will not receive severance pay. The company is seeking new contracts to potentially rehire staff.

Montpelier, Ohio

https://www.wtol.com/article/money/business/layoffs-announced-powers-and-sons-llc-montpelier/512-d6eeebe0-1863-4eec-97f8-1812b2a5d63c

Did anyone whose last day was on 9/11, get their severance pay for the ISP? I don't see any pay on Dayforce or any tasks/messages on Workday.

I will be displaced, what is the latest on getting a bonus paid ( probable amount) and 401K match date if you are displaced Sept 29th - 60 days is Nov 28th and Severance starts then...

Jacksonville Transportation Authority board members are demanding clarity on the agency's financial crisis. The city council has proposed a $30 million zero-interest loan from gas tax funds to help the struggling agency. This loan is intended to cover existing debt and prevent further financial collapse. However, the proposal does not address severance costs for nearly 200 employees facing layoffs. Board members expressed concern about the long-term financial management of the JTA.

Jacksonville, Florida

https://www.wokv.com/news/local/jta-board-demands-answers-city-offers-30m-gas-tax-loan-keep-agency-afloat/6ASPYEHXRJAC7FAMGF6Q3YHS6U/?outputType=amp

PepsiCo doesn't publish a standalone "layoff budget." The number that functions as one is the restructuring envelope for the 2019 Productivity Plan, which was expanded and extended through 2030. Here's where it stands per the latest 10-Q (quarter ended June 13, 2026).
The envelope
Total expected pre-tax charges of about $6.15 billion, roughly $5.1 billion of it cash. The mix is about 50% severance and other employee-related costs, 15% non-cash asset impairments from plant closures, and 35% other implementation costs (contract terminations, consulting). That makes the severance line roughly $3.1B over the life of the plan.
sec
Segment split: PBNA 25%, EMEA 25%, PFNA 20%, Corporate 15%, LatAm Foods 10%, Asia Pacific Foods 3%, IB Franchise 2%. PBNA is the single biggest bucket, ~$1.5B.
sec
Spent vs. remaining
Budget Booked thru 6/13/26 Left
Severance / employee ~$3.1B ~$1.84B ~$1.2B
Asset impairments ~$0.9B ~$0.6B ~$0.3B
Other ~$2.15B ~$1.35B ~$0.8B
Total $6.15B ~$3.79B ~$2.4B
Basis: plan-to-date through 12/27/2025 was $3,610M — $1,789M severance, $546M impairments, $1,275M other, plus $182M booked in the first 24 weeks of 2026 ($51M severance, $59M impairments, $72M other).
sec
sec
Run-rate
FY2025 was the heaviest year at $983M, vs. $727M in 2024 and $445M in 2023.
sec
H1 2026 charges fell to $182M from $426M a year earlier, and cash restructuring payments were $264M vs. $387M. Q2 alone was only ~$49M, and PBNA actually recorded a $15M credit in Q2 — a reversal of previously estimated amounts.
sec
sec
The severance accrual on the balance sheet at year-end 2025 was $308M; $172M of severance cash went out in H1 2026.
sec
Three things worth noting
The December 2025 Elliott-era reset didn't come with a new envelope. After Elliott's $4B stake, PepsiCo announced North America workforce reductions and a 20% cut to U.S. SKUs with cost actions starting in 2026, and the HQ cuts targeted Chicago, Plano and Purchase — but $6.15B is unchanged in both 2026 10-Qs. The heavy booking happened in FY2025; H1 2026 P&L charges are the lightest in three years.
Layoff News Now
Resume Mansion LLC
The mix shifted toward physical footprint. The Q3 2025 filing put impairments at 10% of the plan; the 2026 filings say 15%. That lines up with the closures now landing: Cheverly, MD bottling — 143 laid off, manufacturing and warehouse ended Sept. 14, sales and delivery continuing; a Frito-Lay distribution plant in California earlier this year, 248 jobs; 105 permanent layoffs at PepsiCo Beverages Sales in Columbia, SC, last day Oct. 18. Those hit impairments and severance in H2 2026.
pep-20250906 +3
~$2.4B total / ~$1.2B severance left to book over 4.5 years is a lower annual pace than 2024–25 unless the plan gets raised again. The December outlook targets a record year of productivity savings in 2026 and at least 100 bps of core operating margin expansion in aggregate over the next three fiscal years — if that requires more headcount action than the remaining envelope supports, expect the $6.15B to move in the FY2026 10-K

There are a lot of questions here regarding the VSP but none of those seem to fit ISP necessarily, and I have a couple of questions ...COBRA - I accepted the terms 10 days ago but have not received any subsidy information - my 10/1 payment is still listed as $1188.74 - how long does that take? Calling HR is a minimum 1 hour wait on hold.
Severance payout - for a 9/4 departure date appears to be 2-3 paycycles (30 - 45 days) is that correct? Thanks

Two major health companies are reducing their workforce in the Phoenix metropolitan area, impacting over 150 employees. West Pharmaceutical Services is cutting 98 jobs as it divests a product line, while Becton, Di-kinson and Co. is eliminating 57 positions. These layoffs are part of broader operational shifts and manufacturing consolidations. The job reductions will occur over several months, extending into early 2027 for one company. Details regarding severance packages for affected employees have not been released.

Phoenix, Arizona

https://hoodline.com/2026/09/two-health-giants-cut-155-jobs-in-metro-phoenix-as-product-lines-shift-away/

I was laid off in July and my last day is 9/30. I have my non-working period through October. Can anyone advise who has experienced this before when I may expect the severance payment?

Hi. No payment yet. Normally get paid with WF on Wednesday after 6:30. Signed serverance on 09/08/2026. Will update if it arrives tomorrow.

Got my package! Paid off my car, credit card, personal loan, and 2 months of my mortgage. Another job secured! For a lot of us, the VSP was a much needed blessing. A win is a win! I wanted to spread some GOOD NEWS for folks who are still trying to secure a job and wait on their package. It’s coming your way! You will WIN!
Side note: avoid a lot of the negativity on here. It’s not worth digging into.

• Failed to produce any meaningful outcomes in 30 yrs at bank.
• Repeateatedly alienated employees while failing to achieve objectives leading to mass defections and low morale.
• Failed to design and execute key risk strategies causing Wells Fargo to fall further behind competitors.
• Lacks credible leadership skills, communication skills, and risk management experience.
• Failed to consistently meet RTO requirements and rarely worked a full 40 hr work week.
• Failed to hire competent subordinates to execute risk programs leading to numerous executive terminations.
• On the plus side, your leaving will have a significant positive impact on WF risk management. As with all senior executives, you are expendable, easily replaced, and AI will make your role redundant anyway.

Please enjoy your "retirement". Unfortunately, due to a tanking stock price, massive severence costs, and litigation expense, we cannot give you a good riddance, I mean, going away party.

Perfectly summarized, @a6+1m3801rc6.

Are laid-off employees getting severance? How much, based on your tenure?

So I checked my Dayforce to see if they have my severance check ready and I see it says $0 I’m so confused right now

How to bad leaders get power? how do they protect the teacher's pet? They use skip levels to collect gossip. your skip level leader asks you to tattle on people by asking questions like tell me something good and bad about everyone you work with (a good leader would not do this). then they take the information they collect from all skip levels, and manipulate it as they please. is there a trend of people reporting the teacher's pet? skip level leaders discredit these people immediately.

this approach doesnt improve the team, foster trust, or create camaraderie. Its purposely done so they can pull strings and manipulate situations they normally would not have power over.

if you have a leader like this, slam them as hard as you can in the Pulse survey to get them laid off, and then find a new job. if you get laid off, that's better. collect a severance check and get out of this place.

My severance was taxed at 37.5%!!!!!!!!!!!!!!!!!!!!! Is everyone's that high????? If so, do you know why?

To see your previous check stubs and severance pay, you will need to reset your password using your personal email that you have on file with Centene. Go to DayForce app or website, use your employee number (NOT YOUR CN NUMBER) as your user name. Your Employee number is a 6 digit numeric number. Select forget password and a link will be sent to the personal email you have on file.

I signed the severance 9/11 and will be getting mine on Friday per Dayforce. My amount on Optum/Cobra was also corrected which I paid today. yeehaw. Now if my unemployment gets approved all will be well lol - wishing everyone peace and relief after all this!

Just checked Dayforce. I have a direct deposit for Friday!!!!!!!!

I just looked at Dayforce. My severance payment is scheduled for Friday 9/25.

Anyone feel like they are being investigated or looked into something "being wrong" for reasons to fire you so they dont have to lay you off and pay a severance?

Has anyone who got laid off been able to collect PA unemployment?

I was reading the severance agreement. There is a lot of verbiage around not being able to sue Oracle for age discrimination. Does anyone know if there are any class action lawsuits regarding this ? I don’t see any but was curious since yin give up your rights down the road.

Just wanted to share just in case anyone is in the same boat as me. Since we don’t necessarily know the exact date of the severance payment, if you need cash now another option is to login into fidelity and request a withdrawal. You can request a partial or full (just pay the taxes). It processes in a couple days and if you have made withdrawals/loans in the past and used direct deposit it will go to that account in ~3 days. You can also pay the $25 fee to get a check sent overnight. This may not be possible/ideal for all but it’s an option if you need some cash now.

I just wanted to get everyone’s thoughts on the current wait for payment.

For those who had a 09/04 release date, I signed my agreement on the same day. I know there’s a 7-day revocation waiting period, and after that, they say it can take another 1–2 pay periods to receive the payment.

I know it may be wishful thinking, but I’m really hoping we get paid on 09/25 rather than having to wait almost a month without pay. 😅 Rent is due!

What does everyone think? Are we thinking 09/25, or are we more likely looking at 10/09?

Florida - Supervisor Operations

Thanks!

Anyone else feel like a VZ Pulse Survey is just an indicator that another round of RIFs and restructuring is coming? I’d guess, from the timing, that an announcement will happen in October with severance dates effective December/January. I have no proof, other than historical rounds following survey these last couple years.

Is it the same like in the last round?

I knew taxes would be taken out of my severance, but I wasn't prepared for the amount. Over ten thousand dollars disappeared before the payment even reached me. Does anyone know whether some of that can be recovered through a tax refund? I'm trying to figure out how much of the payment I can actually count on.

I'd give anything to be let go with severance. This is not the same company I joined (obviously) and I have no interest in staying here long-term anymore.

"Reviews on ArisGlobal frequently cite job insecurity, poor severance packages, and high turnover as major concerns alongside the frequent restructuring"

You'll fit right in!

When a layoff occurs does it come from your direct manager, senior manager, or Human Resources?Is it during a one on one meeting? How do they determine severance depending on band level, if offered at all? What happens to any unused accrued time off after a layoff notification has happened? Do they give a 30 day notice? Lots of questions, thanks.

I've read so many different things on here about what to do about the amount owed with Optum/Cobra.. I went ahead and signed for the amount that was like $1200/month because I assumed the amount will get fixed. This feels F*cking illegal. It's in our signed severance that they will cover us for 3 months. My portion is usually only around $300 a month. So, even if I DID pay the $1200 (which I cant afford too) it would WAY MORE Than those 3 months combined. That place is sooo fu---d. So unorganized. I'm so glad to be out of that fu--ing mess. BUT...does anyone have actual clarity on what we should? Wait to see if the amount adjusts? It's not like most of us can even afford to sue their a-s over this.

I’ve noticed this trend: older, more tenured employees aren’t leaving on their own however young people seem to get out of here fast. Very few make it to 2 years. I realize the younger generations are prone to job hopping so some of this is expected but a lot of it is based on their desire to get away from the toxic environment. So why do tenured employees stay? Too close to retirement? Waiting for severance? Afraid of looking for a job elsewhere?

A new Texas WARN notice dated September 8, 2026 lists Conifer Health Solutions with 1,037 workers affected.

That is a significant number for a single WARN filing and suggests a sizable workforce reduction. The notice itself does not provide enough detail here to determine which teams, roles, or locations are most affected.

If you work at Conifer and have information on the affected departments, locations, timing, severance, or whether this is part of a broader restructuring, please add what you know below.

Texas WARN notices posted - 1,459 workers across 3 employers

New Texas WARN notices dated September 8, 2026 show layoffs affecting 1,459 workers across three employers.

If you work for one of these employers and have additional details on the affected locations, teams, roles, severance, or layoff timing, add them below so others can better understand the scope of the cuts.

When will the Americas and EMEA support engineers be told that everything is moving to India and get their tiny severance as India and AI will make all of the enterprise customers so happy. rolf lmao.

What happens to unvested RSU when -

1. I quit .. voluntary with notice: RSU Lost
2. Involuntary separation - fired: ?
3. Involuntary separation - RIF/Layoffs: ?
4. Voluntary separation program: ?

The squares could be named as follows:

Surprise meeting invite
Extension of layoff date
Lump sum severance
COBRA
Pre paid label for equipment return
Non-disclosure agreement
Layoff request
Knowledge transfer
The People Office

Anyone who took the VSP get approved for unemployment? Or can share their experience with applying for it? No negative comments, thanks :)

I am curious. On the day of your 60 day working notice, Do you get your final check and PTO earned. Then severance starts 2 weeks later?