Everyone needs to remember that severance pay is a gift, not a right. There's no law that forces a company to offer it when they let you go. If you're at Fidelity and waiting for a buyout package, you're gambling. You could end up in a crowded job market with no savings to help you transition. The smart move is to start your job search now, while you're still employed. Don't wait for a promise they're not obligated to keep.
3 replies (most recent on top)
The reason companies give severance is so that you sign away your right to sue. It would be highly unlikely that they lay off and not give severance.
Thank you OP, very cool!
Everybody self-deport and go ho-ho-home for the holidays! 😭