#severance

Other than tax implications - what are the pros and cons to taking your severance one way over the other? I just want to be prepared when my ticket gets punched!

Don't have my "PACKET" yet - so, please do not refer me to that.

I am getting some unclear information on whether one can get unemployment if taking this severance. A lot of policies for unemployment state that if one voluntarily leaves, they may be ineligible for unemployment.

I'm considering the severance package but am wondering if anyone knows what subsidized Cobra means? I assume our bi-monthly payment towards health insurance would dramatically increase? Especially when a family is on your account?

Layoffs are happening, quietly, here and there. I've seen a few people being let go just during the summer months. They will continue happening until 2030. You either find another job or make peace with the possibility of being laid off and collecting severance check. That's Cargill now days, pretty toxic!

Bumping this from @2es+1k33rmqyn for info.

And said toodaloo M’fkas :)

Are they offering any severance or pip? It may be my turn at the year end point so just want to plan ahead. I just hope I get a few weeks severance and bonus for the year.

Told to relocate to Charlotte without a package. Seems like they’re pulling some very shady practices. Anyone else getting pushed and prodded like this?

I was offered a severance package of 2 weeks per year of service. Was wondering if anyone had successfully negotiated more weeks per service and if there was any way they would match the 401k for this year.

Large cardboard boxes and some carts showed up this week at the Barnhart Call Center location in Hillsboro, OR. They have signs posted over the boxes designating each for e-waste, company equipment, donations of personal items, Wellsware, etc. They are set up in multiple hallways. This leads me to some questions:

1 - How long do we have until our 60-days notice now that these boxes have shown up? In that past when we had a remodel or reorganization of seating plan they showed up over a month beforehand.

2 - What do I do with the 2 company provided monitors I have at home? I take public transit to get to the office most of the time and taking them with me to the office for turn-in would be nearly impossible. I have to walk over a mile from the station to the office and there's no way I'm carrying them that distance.

3 - Do I have to ship my laptop back? Is there a way I can hand it over in-office?

4 - Should I start bringing my personal items from my cubicle home now? Will they ship those to us? If I get 60 days non-working notice will I still have access to the building to retrieve them? In the past when they terminated someone, 2 people were assigned to box up the personal items and they were shipped to them.

Thank you all in advance for sharing your advice and experiences

taking the deal and getting the fu-k out of the sinking ship or waiting for the ax?

They just implemented a plan for full time return to office 5 days a week for EVERY employee (including hybrid or remote)....or take the package and gone by Oct 31st...with more layoffs to come in November.

Hey folks!
I got laid off in August with 21 other people, that I at least know of. Life Insurance guy just called to see if I want to continue the plan and he said I'm his 50th Target call today. What other areas is Target laying off from?

Phase 1 - Jan 5 for people assigned to LA and NYC offices

Phase 2 - TBA in 2026 for all other employees

3 month package, effective 30 days, US, not for performance reasons. Could you give me some advice?

Is everyone signing their agreements? Has anyone engaged a lawyer to review?

They have started the next round of layoffs without having to pay severance. They are cherry picking which employees are allowed to remain remote and those that need to report to either Lake Mary or Pittsburgh. Failure to relocate is considered voluntary termination / resignation by the Work Together policy. It doesn't matter if you were previously approved to work in remote location... The worst is inconsistent enforcement. Many people on team remote - only certain individuals given mandate to relocate. It should be illegal to consider it voluntary termination. If you are going to layoff someone do so.

I cannot find the thread this was being discussed on but there is some confusion about whether vesting stops at the notification date or the termination date. So I asked HR directly. At least in the US, we will get any RSUs that vest prior to the termination date (in my case 9/22). If you are in a different location you may want to confirm with HR.

I was in the Fusion Org and would have hit my 25 year anniversary next month. Overall my immediate team lost about a 1/3 of its headcount.

Finally take care of yourselves. Oracle itself had its goods and bads like most things, but I was truly fortunate to work with some amazing people for this long. Remember that EAP benefits are still there (for 3 months) if you need them.

Any idea when it would be for the next VRP offer? Any change to the eligibility and severance package?

4000 RIFed times average salary of $100,000=$400M include
4000 times vested RSUs which are clawed back on an average $150,000 = $600M
Bottom line Savings of ~ $1B.

Will the corporate jet fly me my husband our 2 Guinea pigs and antique tuba collection back from Alaska when they let me go after the ELT comes up for their summer vacation “conference”?

Title, I signed the severance package, but I totally disregarded the fact that I worked towards AR that year, am i entitled to that pro-rated bonus?

Was talking to a current co-worker of where I work now, and he mentioned that Teradata was like this and so was his previous company (although hes going through it with an employee lawyer since they didn't pay him).

TIA.

For those that were let go, I’m sincerely sorry. If you feel so inclined, would you be willing to share what your level, tenure and severance package were?

Let’s be honest, who here wouldn’t be better off working somewhere, anywhere else? The job market is scary right now, but that’s what severance is for. Being unemployed and looking isn’t as scary when you have enough money to get you through several months. Thinking like this has completely shifted my perspective on layoffs.

Hi all. I would appreciate helpful and constructive criticism, not bullying as I have seen in some posts here. We can all remain civil while being in disagreement.

I worry about layoffs and this is my first corporate job. Does Charles Schwab always provide severance when someone is let go? What does that amount look like? Please feel free to provide your professional feedback as I am always looking for ways to grow.

How to we opt out of health insurance during severance period. I do not foresee using health benefits during this time and do not want them to keep taking money out of my severance. Please help.

Does Dell do rolled over paychecks or only lumpsum?

I’m trying to know if I can extend my unemployment days for Visa reasons.

No one asked but I’m actually relieved from the WFR, I have been preparing for a few months and now I get to get the big fat Sev package so thats sweet

Horrible culture, no care about your mental health. Your life has zero value to Halliburton. Go ahead and leave on your own accord not theirs. They ain’t paying no severance. They treat you like trash.

If someone has the information, could you share what the end looks like? Is there a notice period offered and then the severance? Or are they letting people go on the same day right away? Worried about tomorrow and what that might look like...

What formula is Hal using to compute severance packages for RIF’d employees?

Surprise Surprise Surprise today. Early morning call from manager & September 22,2025 made as my last day. YAP! came out of blue. But, no regret. Started as a rookie. Oracle got me on H1, processed my Green Card. Seen all in 30 years of service how this Company behaves & works! & where the dead bodies buried. Oh! if you are wondering what gigs I did. Started as onsite ACS Engineer when the org was just starting, moved to DB Sustaining, back to Exadata DEV / BDE / support. Last 8 years in Oracle Sustaining & DEV. Best part of the journey at Oracle - I worked from home. Time to polish my resume & take this 100 years+ experience to another great company soon!

I am guessing that the severance was zero.

Laid off this morning (US). Outstanding performance reviews, raise last year, RSU's, etc. At least they gave us a month on payroll for the RSU's to vest.

Can anyone in HR confirm that SK will follow what has previously been done regarding severence with layoffs? 2 weeks per year?

No matter what happens tomorrow (September 3rd), please know that your value is not defined by your job. Be kind to yourself if you are given a severance package, and still be kind to yourself if you remain at FIS.

Rarely does anyone choose to be laid off. We work with so many talented individuals at FIS, who do the right thing for our clients and their customers every day. Good luck!

Next surplus announcement date per contract for CWA/Leg T workers is September 15th. Of course many of us are hoping to be declared surplus to get the termination package up to 104 weeks pay for those of us with over 31 years service. We all know our job tasks are being automated and/or offshored thus we'll eventually be laid off - and we're simply hanging out happily waiting for the awesome 2 year paid vacation, hoping not to lose this in our next labor contract next year.

2 weeks notification, separation date is 9/22
Last working day is today; official exit in the books on 9/22
COBRA for 4 weeks from 9/22
Severance dependent upon service, appears to be 2 weeks per year.

I've heard that the layoff process canbe brutal. Can anyone shed some light on what ctyally happens on layoff day? (Looking for answers, not drama from some troll.) How long do you have to sign the separation papers? Is it before you leave the room or do you have some time before you HAVE to sign?

In this job market, that would have been a lot better than being laid off. I'd trade any of you demoted folks in a second.

Half our group is gone and the work never slowed down. We’re all scrambling to keep up, but there’s only so much we can cover. It's like IBM is intentionally trying to wear us down. I guess if we quit they don't have to pay us severance during the next RA, so it kind of makes sense.