Anyone know what the package entails/has entailed in the past?
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@n5 Yes, what you get is dependent on your years at the Company and other factors. But you will be offered some kind of severance package if they lay you off.
Do they offer severance to all employees or just supervisors and above? Like do headend techs get severance packages if laid off?
I was a Director at HQ laid off in a 2025 reorg. Your mileage may vary but details of my package were:
- 26 weeks paid plus 1 additional week per year of service. You will be paid out for any accrued PTO.
- all health insurance and courtesy services remained unchanged through the length of the severance package
- Any unvested equity is forfeited
- I did receive a prorated quarterly bonus as well as a pro-rated annual bonus the following year.
- You must sign a non-disparagement agreement and give up any right to sue the company.
- If you return to a role at Comcast during your severance period you forfeit any remaining severance. Employment anywhere other than Comcast has no impact on your severance.
- There was roughly 6 weeks between when I was notified to my last actual day.
- They will tell you the details of your package at your layoff meeting BUT they won't provide the actual documents to sign until the last possible minute to discourage you from attempting to negotiate with them or getting lawyers involved. You can try to negotiate your package but good luck.
I knew I was cooked when I got a same-day meeting put on my calendar with HR and my SVP.
Here are some tips / advice based on my experience:
Don't believe much of what they tell you about anything regarding them being "flexible" or "working with you" if you have unique circumstances. They will say that many new roles will be opening as a result of the reorg and that laid off employees will have priority to apply to those jobs. This is kind of true but in practice the majority of people laid off at HQ will be middle managers in the Director to VP range and there simply won't be many openings at that level. They also will say that if you're in the middle of an interview process for an internal role they will delay your lay off date to allow you to see that process through. They won't. A break in continuous employment, even for a day, results in all your unvested equity being forfeited.
Layoffs this big have nothing to do with individual performance or talent. ELT are just moving boxes on org charts. Honestly, even SVP's have little to no say in what is happening and many don't have much visibility either. Some of them are also fighting for their jobs.
Be careful when transitioning from courtesy services to a regular plan. It's a pain in the a-s and they will fu-k it up every time. The courtesy services team can only disconnect you, they cannot sign you up for a new plan.
Take all your flex time and sick days off but don't touch your vacation time as you don't get paid out for the former but do for the latter.
It su-ks but there is life beyond Comcast. Good luck.
@cq this sounds like bs I've heard there's a minimum then they add more
1 week for every year of service before taxes. 2 weeks for managerial roles and higher.
@bk what is the severance for director+
Typically 16 weeks + 1 week for each year of tenure -3; assuming 5 years tenure. If less than 5 years, 16 weeks flat. Benefits carry through severance period. The “two weeks for each year” thing isn’t the actual calculation. Also, Director+ gets more.
@az A friend was hit in the last round in March, and it was explained as 16 weeks base (assuming over 5 years of service) + years of service - 3. For example, if someone has 10 years of service, it would be 16 + 10-3 = 23 weeks of severance (yes, close to 2 weeks per year of service)
@b9 Any info on the company subsidized bridge healthcare subsidy (assuming you are below medicare age)?
FWIW, I got a package in 2025 after close to 25 years of service. The "2 weeks per year of service" hasn't been true in a long time. How long of a severance you get depends on several factors, including your tenure, your level, and your performance ratings.
I got about 9 months of severance, plus 3 years of courtesy service dating from my separation date. That's part of the retirement package, for which I qualified due to length of employment plus my age.
@a6 2 weeks pay for every year of service.
Historically
Roughly 2 weeks pay for every year in service
@a2 that only covers what benefits you keep. Doesn't outline the severance package details such as how long you get.
@a1 Comcast now > my benefits> then the rest…
ComcastNow > tools and resources > resources for you > benefits and documents > very last document at the bottom