I never saw any of the details of the past, more recent packages. Anyone know what those were as maybe they will carry that offering forward?
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@cq 6 months of full pay or 1 week out of the 6 months.
@c1 that’s what they paid out last year
@c5 last time it got capped at 6 months
If it ends up being 1 week/per year, I wonder how my 35+ years would get capped at?
0% chance we get 1 months per year. Those days are long gone. I remember VRO folks over 55 we're getting bought out+severance. It has only continued to go down from there
The person I know who got severance last year got one month per year up to 6 months, I think there was also lump sum pay outs for bonus and healthcare as well.
@a8 I wonder if they capped the years?
Of the severance packages I’ve heard about, the ones offered as part of the “transformation” in 2020 were one month of salary for each year of service. The more recent ones I’ve heard about have been for one week of salary per year of service. Would like to hear from others on what they know.