Thread regarding CVS layoffs

Severance confirmation

Looking to get some clarity on the severance situation. Has anyone received confirmation their signed package is now processing? I signed the agreement and got the automated email response. The email had some info about getting confirmation of the processing in 3 business days. However, I’ve not received anything yet since I signed back on 10/22. Any info here is much appreciated. Thanks!

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| 1081 views | | 3 replies (last October 31, 2023) | Reply
Post ID: @OP+1pli7k8E

3 replies (most recent on top)

I received confirmation, but do not know when I will receive first severance check.

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Post ID: @1kpn+1pli7k8E

Are you spam posting on here? As your manager explained, that can be subject to your severance being negatively impacted

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Post ID: @1qdf+1pli7k8E

There is a 7 day period to rescind (by you) your acceptance. Once that time is up (should be about now, but not sure if that is 7 business or calendar days), you should start to receive your severance pay and Cobra information. From that emai:

"As specified in your agreement, a short revocation period may apply after you sign your agreement. After this period has passed, (without revocation), severance payments will begin, retroactive to the first day of your severance period."

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Post ID: @shl+1pli7k8E

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