Thread regarding Macy's Inc. layoffs

Severance package

Anyone receive their severance package? I know they have until July 15th however today is the 11th.

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| 1841 views | | 16 replies (last July 24, 2020) | Reply
Post ID: @OP+15TWOcL4

16 replies (most recent on top)

Asked for my severance package via mail now 8 days and waiting

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Post ID: @dtbx+15TWOcL4

Still waiting

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Post ID: @4pis+15TWOcL4

I doubt we will see anything until tomorrow. Very late at night

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Post ID: @3cyu+15TWOcL4

Jeeze Louise.....stop telling people they aren't getting their promised severance. YES you are getting it. Yes, it's running late. Yes you have to wait a few weeks after returning the signed form. But you ARE getting your money! STFU.

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Post ID: @2dpa+15TWOcL4

I have a bad feeling about this. I think we will not be receiving any severance package to sign. Anyone else feeling the same?

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Post ID: @2pll+15TWOcL4

Forget it, it's not going to happen. Remember the company you're dealing with. A JOKE

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Post ID: @2cnh+15TWOcL4

Of course Macy’s would wait until the very last second to send everything. I can only imagine how long it will take for us to get our severance money.

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Post ID: @2clq+15TWOcL4

You forgot it’s 11:59 and 59 seconds!

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Post ID: @1tyn+15TWOcL4

Will hit your email at 11:59 pm on July 15, they did say we would have it by then

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Post ID: @1lwa+15TWOcL4

No, was PT Mattress Sales, received email about severance, but nothing else yet.

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Post ID: @1vmw+15TWOcL4

Just like Macys, wait till last minute

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Post ID: @mxq+15TWOcL4

I wasn’t even termed until a week after my last day...was still showing as active up until 7/9. They even paid me for the 4th and my friend was told we’d have to pay it back. So yeah...I’ve gotten nothing

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Post ID: @nry+15TWOcL4

Advice
Get your 401k & pension moved ASAP
Go to your regular bank -they will help you move it into a retirement plan & move your M stock elsewhere.
It’s a bit time consuming-they will send up an account & conference you in with Merrill Lynch to move funds.
Took weeks to get the actual check -
Also if you have a pension account-same routine but checks are cut separately.

You can also choose to keep your account and Merrill -I would speak with an advisor to move the M stock and make sure they aren’t charging you fees to maintain account .
Your bank won’t charge you

Best of luck All !
I am learning there truly is a life after M- even in a pandemic .

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Post ID: @vqr+15TWOcL4

I have received nothing PTO, severance, pension, or 401 k

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Post ID: @tsr+15TWOcL4

Got PTO in a 2nd paycheck on 7/3 (the other paycheck was for my 3 days of work 6/28-6/30)

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Post ID: @shr+15TWOcL4

Nothing yet on my end.
PTO as well.

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Post ID: @lfr+15TWOcL4

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