I still have to sign in and show up for work until my official last day. I have to play by the rules because the severance contract says it can be altered and changed arbitrarily at the banks discretion.
The unethical nature of this is astounding.
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Honestly, I'd be happy for the extra month of benefits and just do what Truist asked while looking for another position. But, I need my health insurance and COBRA is unaffordable. Not everyone has two incomes or a 2nd source for affordable benefits.
That's the unfortunate side of layoffs that no one ever talks about!
So, that's normally how RIFs work? It's the same as you giving a two weeks notice, you still have to work.
On a previous company I experienced the same thing. It gave me time to look for a job before being laid off.