#severance

3M GSC Poland is gonna be officially shut down. Of course they did a workaround and they're gonna "move" people instead of firing them so they can save on severances. Philippines and CR are next. They hold crucial processes so I don't think pi----g that many people off is a good idea. It's all gonna fall apart soon. It's impossible to keep any company running while disrespecting so many employees over and over again.

You asked, we listened! Our vteam family let us know they wanted to reduce vacation accrual max from 150% to 125%. This gives our superstars more time to set the foundation to play to win. It also helps reduce severance for future rifs which delights our shareholders. I am humbled, honored and energized for all we have accomplished as we continue to build the future at scale - together!

Everyone talks about Dell’s stock run and AI growth, but almost nobody talks about the long-term cost of the nonstop restructuring.

The recent numbers are pretty staggering:
• $227M spent on severance in just 13 weeks
• Another $242M already reserved for future severance payouts

And that’s only a small snapshot in time.

When you zoom out and consider the estimated 70,000+ employees impacted over the last 5–6 years, the total severance costs across all these layoff cycles could realistically be in the $2–3 billion range.

That’s an incredible amount of organizational churn that rarely gets discussed publicly.

Wall Street may reward efficiency, but these repeated cuts also come with major hidden costs:
• loss of experience and institutional knowledge
• employee morale damage
• constant reorg fatigue
• disruption to customers and internal teams

There’s a very different story underneath the headlines and stock price.

If you have not been offered voluntary separation package how likely is it you would get it if you wanted and requested it ?? >30 years in at ford .

If granted - are there any stipulations ?

That's the question. simple. yes no.

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

Since Andrew left, and he only led for approximately 4.5 years or so, the treatment of employees has gone down to the gutter. The only period in which employees were treated fairly was during his tenure. Look up the history of UHG leadership and you will see what I’m saying. I was recently laid off after working here for 15 years. They not only offered me 5 weeks of pay, they put very “questionable language” in my layoff package.
Accepting their layoff package is accepting more abuse on the way out.
• If they get sued you should be on their side.
• If you were mistreated and (I’m watering this part down) or if you saw someone being mistreated, by accepting their severance you are saying it never happened.
• If you catch wind of them potentially being sued, you should warn them
• Also they added that you should not expect any payment for any of this! hahahahaha!!!!!!
• And if they call you for help with work after you’ve left, you have 48 hours to get back to them and help. This is teetering on… “fill in the blanks”…. and not even enforceable!
Who do their lawyers think they are? Very thuggish! I asked others that were laid off with me and they had similar language. And one that worked for 3 years only got 2 weeks worth of a paycheck.
This is all provable and true! To those of you still there, this is how they treat you after years of service, that’s if they don’t put you on a CAP or PIP to manage you out like someone said in a post on the UHG link here. They did this recently to my friend who worked in UHC for 25 years!

Since Andrew left, and he only led for approximately 4.5 years or so, the treatment of employees has gone down to the gutter. The only period in which employees were treated fairly was during his tenure. Look up the history of UHG leadership and you will see what I’m saying. I was recently laid off after working here for 15 years. They not only offered me 5 weeks of pay, they put very “questionable language” in my layoff package.
Accepting their layoff package is accepting more abuse on the way out.
• If they get sued you should be on their side.
• If you were mistreated and (I’m watering this part down) or if you saw someone being mistreated, by accepting their severance you are saying it never happened.
• If you catch wind of them potentially being sued, you should warn them
• Also they added that you should not expect any payment for any of this! hahahahaha!!!!!!
• And if they call you for help with work after you’ve left, you have 48 hours to get back to them and help. This is teetering on… “fill in the blanks”…. and not even enforceable!
Who do their lawyers think they are? Very thuggish! I asked others that were laid off with me and they had similar language. And one that worked for 3 years only got 2 weeks worth of a paycheck.
This is all provable and true! To those of you still there, this is how they treat you after years of service, that’s if they don’t put you on a CAP or PIP to manage you out like someone said in a post on the UHG link here. They did this recently to my friend who worked in UHC for 25 years!

Does anyone know when is the next wave of layoff coming and if they would be giving us severance package? I am sick of upper management

A friend in GD was fired today for not going into the office. No severance package, realy firing. Has this happened in any other group? Was this just GD or did it occur in other BUs/CFs?

This situation is deeply disheartening. I have not encountered a single employee here who is genuinely happy with their working conditions. What is even more concerning is the complete lack of external coverage or awareness regarding what the staff is going through.

​While no job is perfect, it is demoralizing to realize that we are all unhappy, yet nothing changes. Instead, we just face increased pressure that makes us feel entirely disposable. I truly hope this workplace can organize and unionize in the future so that employees have better protections and receive a fair severance package if they are let go.

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

Or is that just me?

Those changes tend to drop out of nowhere but they matter too much to only find out when cuts actually happen.

I would have walked away from this place ages ago if I wasn't waiting on a payout.

I actually want them to lay me off and collect my severance. kind of want to let my manager know if he has to pick and choose between people on the team, he can pick me, but I don’t want that to be taken as me resigning and missing out on severance. Best way to handle this?

The severance money is paid with condition that you will not write anything against company on social media. The moment company finds out, will stop your biweekly payout.

My career and life is so much better without Verizon
Thanks for all the severance money and vacation days I stole since I never marked them. Went to good cause paying for kids college. Verizon bucks and would never work there again. 30 years strong. Bye bye

I was laid off in April and I did something stupid! My network connection was not cut immediately and I e mailed my resume, my reviews and also some reports I used to produce to my home e mail. The purpose was to prepare myself to interviews.
Now somebody from CSIS e mailed me to talk regarding this…

Now- is there any example of severance not being paid due to this? I will have a zoom call with them to explain, but should I start looking for a lawyer in case they do not pay my severance? Would Citi go to the hassle of lawyers for a situation like this?
Pls ease my mind…
Thank you

I have been applying everywhere, but specifically avoiding places like Optum, UHG etc, where I’m pretty sure I would get hired. I want to keep saving my severance. Has anyone else taken this approach or am I remembering the severance package terms incorrectly?

Packages coming. 2months max severance. Goal is 90% of engineering at LCC's by 2029

I just returned to work on 5/28 after being out on short term disability for a heart condition. Apparently I missed the mass video firing? I came back to see my supervisor and others in my team chat as "user unknown" Confused, I reached out to get some understanding of what I missed, I was ignored. So I clocked in and began my day. Member choice center btw. About 2 hours in, I received a meeting invite and was informed that my job was eliminated and was to clock out after the meeting. Which actually is fine because this job was soul su-king and I found something better. I do have a question about severance though. How long does it take to get severance and the email with info on that?

If you came in from an acquired company, was your time at the acquired company counted toward your severance? Came into NetApp via SolidFire and I want to know if my pre-NetApp time should be counted.

Hearing rumors that another opportunity to AEOI with an actual severance package (2 weeks for every year of service) might be available in 1Q 2027. Anyone hearing the same? Can anyone confirm?

so was told by management that charlie severance has run out and if you get laid off your LOB has to pay it… I suspect more firings in store with no package

Are there any companies out there that are worth a damn and hiring? Doesn't have to be a bank or FI, just somewhere that those of us who are Grade 12 and up might be able to take our talent, while also being paid well, given solid benefits, treated with dignity, and not put through months of radio silence or fruitless interviews?

Trust and believe, I am doing my best to hold out for the inevitable layoff and severance, but in the meantime, may as well ask.

This company has already almost cost me my life once and I'm rapidly approaching complete hopelessness. There has GOT to be something better out there, right?

...Right?

What has been the recent severance packages for those getting laid off? I’m curious about the severance base pay (for below job grade 12’s) and additional pay from number of service years.

Does anyone know if FIS pays severance in lump sum or as paychecks? If the latter, do they have a clawback clause if I’m employed during severance pay period? Im anticipating to be on the next round, trying to plan ahead.

So just a little update from our oh-so-generous employer: we still have jobs, how lucky we are, but of course it comes with a lovely caveat. We either uproot our entire lives and relocate, or for some of us, we’re stuck here with no options due to legal or personal reasons. And they gave us the super generous advice that we can apply to new positions here, except surprise, there aren’t any that most of us qualify for. So we just get to work for two more months, no big deal, and then we get a whopping two months of garden leave, which by the way is a huge downgrade from the four months they gave people last time. And we only have 10 days to decide: apply, relocate, or do nothing. If I don’t find something in these four months, well, I have no choice but to take the severance and say goodbye. What a dream, right?

And even if I do relocate, what makes me trust that I won’t just get laid off again two months after I completely uproot my life?

Oh, and on top of that, they still expect us to perform as usual over the next two months, making sure we hit all our targets and keep up our usual standards. What makes them think that’s even realistic after all this?

I've heard through the grapevine that there are upcoming changes to severance and it's not good. Nobody I've talked to has any more details than that. Has anyone heard anything?

Confirmed cuts are coming this fall, although this won't be sudden.

Impacted folks will be communicated that they have X number of weeks to transition into a new role within fidelity or negotiate severance.

Some folks will be given till end of year to figure out their fate.

The list is already in the process and your skip level will communicate the decision to you.

Whisk-y House of Kentucky laid off 22 employees. This cut impacts about 30% of its workforce. The Elizabethtown facility now runs at 60% capacity. Slower spirits demand caused this production reduction. The company offers severance, benefits, and job placement assistance.

Elizabethtown, Kentucky

https://www.wdrb.com/news/business/whisk-y-house-of-kentucky-layoffs-impact-employees-at-elizabethtown-facility/article_58587a96-5a30-46e7-b5c9-17bcd982b43b.html

How does Verizon pay out severance once lay off happens?

How many weeks of pay does an employee receive?

I have been retail sales rep for 6 years and i kind of hope to be laid off in July

How many momths of pay do i get?

Hi,
Was laid off in the last round (why do I always type layed?).

The job market as many know isn’t great, even willing to relocate it’s still tough out there.

So in the spirit of considering all my options, what have people seen as “Nike actually paid attention and enforced” regarding going to work for competitors?

No I’m not a reporter or a troll or any of that nonsense, just a person trying to provide for their family and while the severance and savings gives me some time… I would sleep a lot better being back working and moving forward. Not one to “take a break” or sit around and hope for the best, not with the responsibility of a family.

Thank you

Also, the sooner the better. Still some chance at severance, at least. I can't wait to have this forsaken place in the rearview mirror.

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 else? Got told last day is 6/6/26, ironically enough. On the east coast. Not even sure if all my coworkers are aware yet either. Next steps are basically severance or reapply to a role nearby and hope the rsm likes you. Had another friend find out the same thing at his store in the south as well.

Just had manager discussion and was notified last day will be July 2. Normal cr-ppy US severance of 3 months. Went through the normal we're not picking people because of age and the 3 others RA'd in a small team were all of 45. One people was listed who is not being RA'd in that same age range... so, definitely older, more expensive people are being targeted.

For the severance it stated should still be covered 60 days from notice with health benefits but from my spouse they're saying they have no coverage at all

Is anyone else having issues with medical coverage issues?

The first 18 years, working as part of VUE, were great. I was valued, respected, and my contributions meant something. The along comes Omar, and VUE largely gets absorbed into corporate, the Azure migration occurred, and the culture changed dramatically. Dave Treat really likes to listen to himself talk, Omar and the rest of senior leadership are too busy jet-setting to set a clear strategy. The cherry on top came in May when I was unexpectedly laid off after 20 years, with a whopping 8 weeks of severance. Hello early retirement, goodbye toxic workplace.