I have heard about this here. But there is no official mention of it anywhere. Does anyone have the insight into it? Is this individual or BU specific? When do you come to know?
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Search for WARN Texas notice. When companies layoff a certain number (I'm not sure if it's percentage of total workforce or a definite number) they are required by Texas law, to give a 60 day notice.
Now, some companies let you stay or require you to stay in the premises until the last day (end of 60 days). These companies probably believe they are doing you a favor by giving you access to everything (computer, printers, etc) during those 60 days, knowing full well that you'd be doing nothing but looking for a job. Either way, you are getting paid.
Other companies, (BP and CVX) let you go home during those 60 days. Hence why you are on payroll. These companies know you will not be doing much at work so 'just go home'. Take it as a paid vacation. The caveat is, you can't work anywhere during those 60 days, doing so would mean you have quit CVX, thus renounce all their pay, severance, etc.
So that covers the 60 day notice.
Now, in addition to that, like the poster below said, some BUs may give you one or two week notice for transitional purposes, be that to clean up your office or to mothball files, etc. some BUs walk you right out.... Not sure why (most likely to prevent unwanted events) or to prevent you from stealing sensitive info.
Finally, if you have unused vacation, that will also be paid out on you last payroll day (i.e. At the end of the 60 days).
A few days after that, you'll get your severance papers. Don't expect to hear much from CVX during those 60 days.
So, with that said, you must keep in mind, these 60 days only apply if the company meets that magic number of layoffs. If it's just a handful, then no, you wouldn't get 60 days.
This is not CVX or BP being nice to their employees, they are required by law to give you 60 days.
@FUOYD9T-czc I don't think the 60 days apply to everyone and everywhere. I would like to see too since it would at least help folks and carry them over until the end of May with an income and insurance.
I think most employees left standing will be given a week or two to do a handover or put together some notes, unless they get unruly when told that they were left standing or are known as troublemakers, in which case they will be walked out the same day.
Not sure why they already have the heavy police presence months ahead of the date but maybe they want them to get familiar with the buildings,
On the day they let you go, they will provide you with a packet that explains it all. Basically you are done but for the next 60 days you remain on payroll and then they will send your severance paperwork.