What kind of severance pay will be offered, I am in Tustin, CA
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Yes, and capitol gains tax is 60%. So you are getting 40%/of your total severance package
There are several packages being offered. It depends on if you decide to leave and when. The company is eliminating positions and then allowing the affected people reapply for much fewer openings or to simply go back to being a team member with reduced pay. Packages are also decided by the length of time with the company. I think you two weeks of pay per year with Wholefoods. Be warned though, it is taxed with capital gains rates and cannot be considered as income tax so you won't get a refund based on it. But you can get unemployment but I don't know when.