#exitpackage

I was cut in the last round, I'd like to see if it's the same as it was then.

Is it worth trying to negotiate a better leaving package at ANI?

Question....since I've never been laid off before. Is a severance package from EJ the same severance package other people get or does it depend on role, department, etc?

Anyone comfortable sharing?

SF needs to change the retirement to the rule of 80 or 90 - age plus years of service = full retirement and get those older employees off the books. We have a ton of employees that wfh that lack 5 to 10 years and they will hang on for the retirement. If they changed this they probably wouldn't need the exit package.

Curious if anyone during any round of these layoffs did not take the severance and sign the separation agreement and if so, what happened and where do you stand now?

I don't know where to go from here.

Post if you know

I was laid off last week and I have to say I feel nothing but relief. I was one bad week away from resigning with nothing lined up. Now I get a package and a clean exit. I know not everyone is in the same position, so I hope the others affected are doing alright.

What happens to your shares if you get laid off? Do they pay you or not?

I was not laid off but am not happy with layoffs and very sad to see close people leave. I will have a lot of work and be miserable. Can I get a package to leave Fidelity? Could I return later?

Has anyone heard if CSS in brokerage is being impacted? If so, do you know what sites? I’d like to think not as they just told us RTO is coming and I don’t see how an immediate RIF makes sense when it’s clear they want to see people quit rather than RTO. It’s also a client facing inbound role for managed accounts. But, with all the changes the last couple years aimed at attrition and seemingly preparing for this moment, who knows…

Side question, if someone is laid off and has unvested shares, do they pay those out to any degree?

Anybody actually been successful or know someone first hand who has asked for a layoff and recieved a package?

How many weeks/months did you receive? Is it beyond the 2 month payroll period?

If anyone is comfortable sharing.

Anyone confirm what the package looks like this time?

What are they offering? Months per year of service etc..

Any cap?

Hello, so I was Pipped beginning of march from a bad performance review, (4/4/4/3)
And it took them till march to do so. Then I was told they don’t have a notice period for how long

Right now I’m on medical leave, I’m thinking of asking for a separation package? Is this a good move? I plan on framing it very professionally and want to know if since I got such a poor review and a PIP if severance is off the table?

I’m based in Tampa and a AVP

For layoffs

I have been here eleven years and I used to really care about Cisco. I thought it was special. But somewhere along the way, probably around year eight, I just lost it. Now all I want is out. The problem is I can't just quit because I have a mortgage and a kid who is starting college in two years, so I need some kind of package to bridge the gap while I figure out my next move. Every single time there is a rumor about layoffs, I let myself get hopeful. No luck so far, though.

Has anyone heard of this new policy?

Hearing of some big workforce reduction targets after the split. Any chance they will offer buyouts especially since they seem to be popular in corporate America these days?

So the transitional group of employees will have benefits through Sept 30, 2026. Funny that that also happens to be the last day of their fiscal year...

It’s getting quiet .Beside all the Scarborough retirement meetings .No one is talking about any offer of a package .I Think there are a lot of people in all divisions of the field ops tha want to leave .Whats the big secret just spill the beans when is it how big will this package big will I be able to accept this package . I mean really

For those that have left Macy’s what are you guys doing now? What other jobs are better than Macys? I want to leave the company but there isn’t much options for me out there. Been with the company for over 20yrs, would I be eligible for a package or anything of that form?

Per the proxy statement I received today, it looks as if Sampath received a 7.2M cash payment at separation. Wow.

Posting this info because I didn't see a definite answer on how much severance pay we will get if let go during the layoffs. My boss just told me that when the last layoff happened , and my coworker was let go from our department , he received TWO weeks pay for severance. He was with Xerox for about a year and a half to two years. SMH . Wishing everybody luck job hunting and getting the he-l out if this company !

Few JPM employees said that managers are asking employees if they want an exit package. Wondering if this is selective or company wide?

I'm so done with this Company, I'm in a position they won't layoff but am so done with all the new management stupid decisions, It didn't work 20 years ago, didn't work 10 years ago, didn't work 5 years ago, but hey I'm a new guy and I think it will work. Yeah just give me a package hire someone with less experience than our management team and feed them the slop.

Thoughts on your offer if you received it?

Mohawk College eliminated 72 positions in recent months. This included 62 full-time roles and 10 vacant positions. The cuts were part of a restructuring process. Fifty-seven employees also took voluntary exit packages. Overall, about 580 positions have been cut since late 2024.

Hamilton, Ontario

https://www.thespec.com/news/hamilton-region/mohawk-college-layoffs/article_8c844ab5-e919-50e0-862e-8ccfbf3b8232.html

I’m almost ready to retire but will today for a package.
Any insights if and when and what it may happen?

I'm interviewing now and may get an offer soon. If I do, can I volunteer to be laid off to get a package?

For those who got it, how long does it take for them to release it? I don't care about benefits, just want my money and out .

Anyone know what the layoff package looked like for the unfortunate folks let go last week?

As a former CDW engineer my observation was that the number of engineers far exceeded the amount of available projects. While I worked with some smart engineers, a majority did not have skills comparable to their pay grade. Too many "that's not my niche" excuses for 6 figure salaries IMO.

The layoffs that are happening now is a forced "personnel correction" due to leadership not understanding the needs of the business.

will they take away our severance if we work for encore?

Can anyone from previous layoff waves provide insight into how long it takes to receive your severance? I was part of the late January wave, signed my paperwork on 2/6 (my term date), and curious how long it takes to receive the severance?

The usual or did they reduce it?