Yes, I too have been hit by the recent RIF after 30+ years. Several of my upper management also got hit. Unfortunately, I believe the severance calculation sheet is incorrect. Don't sign until you know for sure. It is much less than what I was told and the numbers actually don't match salary and the cap of 35 weeks. I've scheduled an appointment with HR, but so far, they haven't accepted. Anyone else seeing this?
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What is your end date for work? If you're working through December then you wouldn't get your STI until 2026 at its regular time. And of course taxes etc are deducted from your severance. I doubt seriously that they made an error, but do your research if you feel it's necessary.
Sorry to hear that you were impacted by the changes to your department and hope you're somehow prepared to begin your transition to your next phase of your career.
Here's a post I came across on the site that I found helpful for those leaving Verizon.
https://www.thelayoff.com/t/1ka6yqhnz?source=follow&n=1