Im soo okay with waiting until December 31st. Also it helps you finalize porfolio projects and take your time while you interview for roles.
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1 - Required notice periods based on state laws
2 - When you let go of that many people, work has to be completed & transitioned. Most people who are laid off are not exactly giving 100% effort, so you expect something that might take 1-2 weeks to transition would take 4-6 weeks given the circumstances.
3 - New roles that align to the new strategy for the company will be posted. Those impacted are given the opportunity to apply to those jobs.
4 - This is a publicly traded company. To investors & wall street, whether the employees are no longer on the books starting on 11/15 or 11/30 or 12/15 or 12/31 means the same thing. So then it's really a decision about whether the company can afford it. And yes, the company can afford to keep employees on the books, earning pay, benefits, 401k contributions, etc...
also if you don’t stay in good standing with the company during that period and leave or get fired you give up your allocated severance package
Find new insurance, find a new job, and yes stay off of WARN.
Gets them out of having to file WARN notices in PA
WARN notices, and to provide a smoother off-ramp for them.
Wind down tasks. Paying through end of the year. Give you time to find something if anything is posted.