From the latest reporting. Could this be related to the recalculation of married employee pension benfits?
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@b4 haha not a chance. no packages are ever offered. Just standard severance which caps at 6mo
@OP That’s just for Pascal.
Decent amount of Legacy T employee will be getting approx. $200k severance packages.
“800m is about 8000 to-go packages, just say”
Unless the severance policy is being drastically shortened, these numbers don’t match projected layoffs during the upcoming year.
This is just Follow-the-work voluntary attrition and the existing layoffs already announced and in progress. I doubt they would tip their hand to anything else in the earnings call.
800m is about 8000 to-go packages, just say
No just the bloodbath of layoffs coming next year and golden parachutes handed to big wigs
Magic 8 Ball says...
Doubtful