So far, the folks I talked to are leaning more toward no than yes. I wonder if this is the case throughout the company.
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From what I hear, people who have stayed more than 20 years with the “pension” plan would have a much better deal in VERP, so it would be easier for them to accept the offer.
Within my OU, the town hall meeting announce that there is only 14% qualified employee accept the deal, where they expected 20-25%. Well, the rest will be laid off, for sure.
They had a measly offer, no one is going to say yes. People who have worked here long have large Severances, why would they take this VERP instead which is just 25% of your base in 401(k)?
Anyway, some people in my place were pi---d operations weren’t considered for this, since they are ready to leave. Layoffs are coming regardless , just a matter of how much and when
If people don't feel like responding in type, just hit upvote for "yes" and downvote for "no."