Not sure if this is just a rumor or if it's true... I've heard from management in the Wireless side and other reliable sources in the company that the severance changed as of 2016 to 1 week for every year and capping at 9 weeks.... I hope this isn't true. This would really screw people over. I even tried to volunteer for the last round layoffs. I would have been happy to take the money and run...
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Most of the time, rumors from Basking Ridge turn out to be true, that is where the bean-counters work. So keep your ears open in the hallways ,cafeteria and Gym
Not to my knowledge but now you got me scared
Internal Rumors has it, that McAdam is retiring soon. Not a specific data yet or time time frame. But that's the latest rumors I over heard a few employee discussing when I was in the cafeteria
Soon will change, quietly
No, or at least, not yet. The severance package, revised 12/7, is still for 2 weeks/year of service, up to 35 weeks with cobra extension of insurance for the same amount of time.