What's a typical severance package in Corporate IT?

Anybody noticed that we do not hire as much as we did before, it looks like all new folks are contractors?

I heard that some functions might be outsourced in near future

There is no layoffs as of now but I heard that the IT department might be reorganizing in Q3 - you know what that means at McDonald's? It'll lead to redundancies, and later on layoffs. So be ready, brush up the resume. Things are very secretive... — read more 

I hear that we are preparing cuts in Marketing and IT. McDonald's has done similar things in the past, I would not be surprised if this was to repeat. Several people I know confirmed this. Our IT group is huge and there is a ton of well paid people... — read more 

back in 2002 we had the biggest hit - we closed 200 restaurants, thousands of jobs lost. in corporate we killed more than 1000 jobs in two years - now things are a bit more stable but still it's challenging - you do not know what tomorrow brings -... — read more