Take the buy out and get peace of mind or wait it out? Trying to understand the wait it out option better
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@2p6 you have no idea what your talking about. Fraud is when you knowing ly falsify or falsify application - it's not fraud if you state you took buyout . I've never known anyone at any company or government office that took a buyout and did not get unemployment . You fool
@2mt I’m a millennial, but nice try. There’s obviously a distinction between being involuntarily laid off and voluntarily accepting VBO because you don’t want to comply with a RTO mandate. In NY, voluntarily leaving without good cause disqualifies you from unemployment. So misrepresenting a voluntary departure as an involuntary layoff to collect benefits can constitute fraud.
@h0 lmao applying for unemployment = "fraud" now. Most cucked Boomer-slave response Ive ever seen
@h0 what is fraud? Getting unemployment after taking buyout is not fraud. It's up to your state office to decide. You'd be a fool not to apply for unemployment - don't listen to these nobody's , there's no fraud in stating you took a buyout
@OP don't sign the NDA, the buyout contract is an NDA - they ask you to sign the buyout but you don't have to in order to get it
@b8 that is called committing fraud.
This time around its a buyout. Fk'em
The severance till gets smaller by the day.
@e5 Maybe it depends on what state you live in? I live in a state that is relatively generous with it
@da um you can absolutely get unemployment in addition to the buyout
@dk buy out was like 2 weeks for every year. I can’t remember if there was more.
Layoff was a fixed amount of severance, and on top of that, 2 weeks for every year + COBRA benefits + stocks vested at the termination..
@df Can you tell the two offers Buyout vs layoff ,so others can also estimate their own? Thanks
I got laid off last year, after not taking a buy out. I think the layoff severance was a lot more than buy out for me!
@da not completely true
You CANNOT get UI if you take the package. Do the research
@a2 Are you sure about this. My partner worked at Paramount and took the July 31st buyout and was still able to get UI
@b5 its in navigator at the bottom of the page on a tile- ‘Voluntary Buyout (VBO) program - Info Specific to Legacy Paramount Employees.
@b1 where did you read that? Nothing on FAQs on that.
@av unvested Paramount stocks as of Aug 2025 will vest if you take the VBO. Anything awarded after will not be eligible for accelerated vesting.
Nothing on stocks? What happens to unvested stocks if I opt in to VBO?
This is exactly the same offer they gave a year ago.
The buyout offer I received is exactly the same number of weeks as our company hr policy severance. There is zero incentive to take the buyout.
Maybe I should just quite quit like so many of my other co-workers did already months ago instead of working my butt off and coming in every day.
@a4 You are a non employee
@a2
re: Your post's last sentence, this isn't true in every circumstance, nor in every state. It's possible to take a VBO and still qualify for unemployment insurance $$.
@OP
When offered a buyout, always TAKE IT.
Because what they're saying to you by offering it is, "We want you GONE. We can do this the easy way, or the hard way. The easy way is, you take the $$ we're offering now, or the hard way: risk still being 86'd later, but with either less money offered as a parting GIFT then, or even NO $$ at all."
Save yourself the stress and wonder and worry, and just take the $$ when it's first offered. You're already on the chopping block, so waiting is just postponing the inevitable. Your priority now is to focus on generating multiple income streams for yourself, so no matter what happens with one, you'll still have others to be able to carry you through. Don't put all of your eggs in one basket, stay sharp, and just keep rolling.
Yes, because big corporations like to skirt the WARN act, they usually give 2-3 months (depending on state) “in lieu of” pay and then usually make up the difference with any additional severance at 2 weeks per year if it would be more than that amount. Plus, you would be eligible for unemployment whereas RTO and VBO count as voluntary resignations and you don’t qualify.