Announcement next week. Will be kept on until early 2023 and communicating conditions of receiving severance being performance based and must work up to and through the 60 days.
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When people from Esurance were let go on the Underwriting side, they made them train their replacements as well.
Will they be asked to train their outsourced replacements? Wouldn't that be a morale booster!
I hope they rip the band aid off. Making somebody perform for severance sounds unethical.
op has zero fact based info please give an indication of how you would possibly know this
Could you expand on the performance related severance requirements?
OP is right and it is not a theory. They are being told next week that their jobs are going away in early in 2023 and will get their 60 day notice later for 2023. This is their way to get as many to quit as possible with other jobs so when the time comes there are less to pay severance to. Allstate did this before 5-6 years ago with some accounting departments except they were kept on for a year.
I dont think you call it a 60 day notice if you are letting them go in 4 or 5 months. I call bs on this theory.
They will rip the band aid off when it's time