Are people notified in advance and then leave a couple of weeks later or something? I’ve not faced redundancy before and if I unfortunately am laid off I want to prepare myself. I’ve heard that people who are going to be laid off already know who they are ahead of the rumoured May lay offs.
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They cut your benefits off your last day. My last day was on the 27th of the month and several large deals closed on the 30th and 31st, they did not pay me the commissions on those deals I had worked on over multiple quarters. Personally, I felt the benefits were pretty poor. I came in via an acquisition and over time the HPE culture started to creep in and I started to look for another job. I was a people leader and felt useless to the people I managed because I could not give any merit raises, answer questions about where we were heading, and had to make them fill out their annual goals that never amounted to anything. Luckily, I got a pretty good package and took 4 months off and started a new job that I had been working on while at HPE. Don't get caught off guard and always have a backup plan, the grass is greener on the other side; no pun intended.
No reason to be anxious or panic about layoffs. The job market is strong. You will find another job, it is not difficult.
No one except your manager and their manager knows probably weeks, if not months, in advance about your layoff. No one else will know unless you tell them. It’s a very secretive process. Some people leave without saying a word.
It’s difficult to really know if you are going to be impacted by layoffs. HPE likes to do them from May to August. It’s really more of a gut feeling. You’d be surprised what calculations of probability your brain performs under pressure. Subconsciously you start to feeling that you’re not doing enough or your work is slowing down. This creates anxiety that a layoff could happen to you.
When I got laid off during Covid, my director told me about a month prior that I “could” get laid off then a few weeks later, he gave me my official two weeks notice.
It’s best to always keep your resume up to date and if you are affected by WFR, don’t panic and have a good plan to start applying to other companies. Panicking while applying for jobs is the worst thing you can do to yourself. If you’re told that you’re getting let go, take a few days to rest. I forgot what psychological study paper it was but it mentioned that some people take layoffs as bad as a death in the family.
The process is you are told on a Monday and given 2 weeks of still being able to be on-site. Some people are given a "winkwink/nodnod" notification early enough to start looking.