Will employees approaching retirement have an opportunity to volunteer for separation packages, or are all decisions being made strictly by leadership?
4 replies (most recent on top)
I don’t know the answer to your exact question but for what it’s worth in 2025, people on our team who received “your role has been eliminated” letters whose age + tenure = 70 or above automatically received extra $$$ in their severance package for healthcare costs and 3 years of courtesy services (lol.) This applied to managers and directors at the region level, can’t speak to other levels.
@a3 to be clear, even if its not "voluntary", if you are laid off you WILL get a severance.
I'm not close to retirement but would gladly take a voluntary separation w/ severance, I wish they would offer this. I 100% care about my job, our customers, my peers, and do my best, but I would also happily leave if I had a nice severance giving me time with my kids and to look for a new job. And huge bonus that maybe I'm making space for someone else for whom a layoff would be devastating.
i am in the same boat and would gladly take it