Thread regarding ON Semiconductor Corp. layoffs

Does anyone know what the severance terms usually are at onsemi?

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| 3002 views | | 6 replies (last February 24, 2025) | Reply
Post ID: @OP+1jkkjmyr5

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It varies by grade but most grades get 1 week per year of service with a minimum of 5 weeks.

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Post ID: @2j9+1jkkjmyr5

On a different post, some people said it would be 2 weeks/year ..

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Post ID: @10t+1jkkjmyr5

Last year I got 5 weeks with <2 years working there… sounds like severance is a big tossup

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Post ID: @106+1jkkjmyr5

The last layoff in October 2024 employees were giving a week pay for every year they have been there. Employees that were under 5 years were giving 5 year pay and paid out for the remaining pay period.

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Post ID: @k3+1jkkjmyr5

Wow I would be sc--wed

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Post ID: @j4+1jkkjmyr5

I got 1 week/year for my layoff last year

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Post ID: @ht+1jkkjmyr5

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