Tuesday has always been the layoff day, rarely Friday.
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@ew the bonuses and the evals for them are tied to the fiscal year, Dec 1 - Nov 30 so I’d think if you’re let go Dec 1-4 you should still get the bonus when they’re paid off in Feb. If the event is before Dec 1, then no bonus for sure.
I think last year it was pushed forward to December mainly because of the Citrix branch off that occurred. I think some things had to get settled behind the scenes before January 1st.
But for this year? Who knows.
Wasn't the whole point of moving it to the December time frame is to save money on the bonus?
omg. i didn't think they'd stoop this low.
I'm not sure what the offer was last year for the layoffs that occurred in December but remember: they're under no obligation to give you anything in a layoff.
If they do offer bonuses, who knows if it'll be when they cut ties with you, available during the February cycle, or even reduced.
thanks for the info. but dont they need time prep the bonus statements before they layoff?