#severance

TMO already partners with SpaceX. Not sure how ATT will respond but I’m certain VZ will once again fail, as they did with the iPhone years ago. Leaders will tell us it’s nothing to worry about and use word salad and elaborate slide decks to propagandize their message. Some will clap and take photos in a red chair while writing on a post it note. The rest of us will patiently wait for our impending severance.

https://www.fool.com/investing/2026/04/08/spacex-bad-news-att-verizon-t-mobile-starlink/

I was laid off in March. I have been waiting for my severance package but I have not received it yet. How long does it take for the company to mail or email you the severance package or are they not giving severance?

Rumor is, T-Mobile is going to start asking people to volunteer to separate and get the full severance.

Anyone know if the medical last till 4/30/26 or does it end on 4/10/26? When does Oracle pick up the 1 month of COBRA, May 1st?

Ole SB got $2.2m severance paid out equally over 24 months, plus cash cash ABP bonus and family healthcare for the 24 months. Not too shabby for running a company in the ground.

If my separation date is April 10th, can I start applying for it now? Or do I need to wait till get the lump sum payment? (in the doc, it says it'll be coming within 3 weeks after separation date).

It felt like I was signing divorce papers from a bad marriage. I'm very glad to be out of that company. The max severance package and unemployment are like having a hot girl say she just wants to hang out with you after your divorce but nothing serious, just casual fun. After that, retirement and traveling around with the actual love of my life. I ran the numbers, it's like getting a ~$100K payout into retirement. I'll happily take this over a retirement card and going away gift at a pizza party.

Assuming more layoffs are to come, and if and you're in a similar time in your life, I highly recommend trying to manage the last days of your career aiming for a layoff rather than announcing a retirement date. If I would have told them I was retiring in May, I don't think I would have been laid off, so keep that info to yourself. Don't tell a soul because it WILL get out if you do, and that could be a very costly mistake.

As we know, when you’ve been at Wells Fargo for 10 years, you get an additional 40 hours PTO… But they don’t give it to you at the start of the year but rather they spread it out over 12 months. If you’re let go or fired before the end of the year, how much of that 40 hours do you get … that is, would you get whatever is remaining or due to you from the separation date until the end of the year? In other words, do you that 40 hours PTO or only that much of it that has been given to you up to and ending on your separation date?

If you get laid off and get say 6 months severance and you currently put 1k per month into 401 k does Nike give you the 6k or do they deposit the 6k into 401k? Trying to figure severance numbers just in case. Thanks

I haven't been here long, I just want to see if I'll get anything if I'm cut in the next round of layoffs.

What's the worst think that can happen? You get to leave the company that's been treating you like cr-p, underpaying you, stunting your career progress, and not only that, you get paid to walk away. I don't see the downside.

Long story short...I expect to be NSI this year. Can anyone share the blueprint for dragging this out as long as possible before I am severed?

And if so, how many hours is that accumulated? Is that like half a paycheck extra overall?

My non working period got over last month..but still didn't receive severance, anyone knows how many days does it take in Canada?

Severance papers signed and looking forward to my 6 months of free money. Over 25 years spent at O and now it feels like a divorce, in a good way. It is time to move on and enjoy my early retirement. So glad this chapter is over!

Does anyone know of Citi giving people 4’s, then putting them on a pip, then failing them, and (not) laying them off - but firing them to not pay severance?

For those let go with 20+ years, how long did it take to get that years of service bonus? Paperwork said up to 30 days but was curious if it would be sooner.

Today is supposed to be the last day of my waiting period. Did anyone get their final shot separation papers yet? Maybe it’ll be end of day. Oracle will be giving my retirement a good start with 6 months salary and I will also qualify for unemployment, because maybe I still want to work, maybe…LOL. This is a much better retirement gift than any going away lunch or retirement watch. I’m very thankful for this blessing, I just need that final check to sail off into the next chapter.

I am ex employee who was affected by last month's RiF. To date, my health insurance was terminated 4 days early and they have "ghosted" me when I am asking for updates on when I will receive my severance payments. Not surprising for this company of course. Anyone else have similar issues?

Central Alabama Water laid off 135 employees on March 13th. These former workers claim they have not received their promised severance pay. Their representative, Eric Hall, states the lack of pay affects survival and medical care. Some former employees are battling serious illnesses like cancer. Central Alabama Water is coordinating with the Alabama Department of Revenue regarding tax exemption for eligible severance.

Birmingham, Alabama

https://www.wvtm13.com/article/central-alabama-water-workers-missing-severance/70978843

After over 20 years of being loyal to this — barely recognizable firm — the writing is on the wall for me. My leader couldn’t make it any more obvious he is trying to make me quit. I’ve given this firm so much of myself. There were times when I was a salaried pay grade 6 and was “as part of my leadership development”, leading over 10 CW members, while also having a bunch of other cr-p the leaders didn’t want to do (disguised as development), while also essentially handcuffed to my phone taking back-to-back calls for 8 hours a day. Oh, and did I mention also studying for my 7 and 66 off the clock? I was so burnt out; but I pushed through those long (often close to 60 hrs a week) because I never imagined this firm would be in this state of complete and utter disrepair. I wanted to be a lifer, wanted to retire here. I gave this firm my sanity for more years than I’d like to admit. Taken time away from my wife and kids to keep chasing the dream for what should never have even been allowed pay. I hustled. Have had horrible leaders who couldn’t care less about my development. My family. My well-being. But still, I stayed. And mostly as the years went on, I stayed because I had finally made it to the goal pay grade. Was full-time HBA and with 4 kids, that flexibility had been invaluable.

Now? Well, now I think I cost too much money to keep on payroll. I should mention I’m absolutely kicking myself for finding another role here when I was “reimagined” in Aug. I panicked. The job market is trash. After over 2 decades here, I was devastated, honestly . I’m the bread winner. I knew almost immediately after starting this new role I had made a grave mistake in not following my gut feeling of what an absolute nightmare this new micromanager of a TL would be. And she’s worse than I could have ever imagined. I don’t work on a team. I’m an individual contributor and my “performance” is based on her opinion alone. I’ve already been put on a PIP and now a written warning. I’ve been told she, along with AR, have been “investigating” my computer activity and any periods of more than 5 mins “idle time”. I’ve been an HBA FOR OVER 15 YEARS AND HAVE NEVER ONCE had my integrity questioned. Felt like the associate from AR was interrogating me, as I was completely blindsided by the whole thing. Essentially I was told that my activity on the system should at minimum be 8 hours/day. I called several things into question and was denied access to these activity reports in order to try to prove their allegations wrong. I’m now being required to essentially log every hour of work a day for 8 hours. I’m absolutely certain they’re going to terminate me. I’ve never met two more cold-hearted people at this firm and have no intention of staying here any longer than I have to.

I’m sick with anxiety every day. I’ve lost over 15 lbs since in 5 weeks since I was out on a PIP. Worst decision of my life was not taking that BS severance package when it as offered and telling this place to F right the F off and never look back.

Now to my questions:

1) Due to my blind stupid loyalty to this firm, and being HBA, I have banked almost 300 hours on sick time. I know regardless of how employment is ended her that the sick time is never paid off. You just lose it. I have over 30 something days of pay I could’ve used as time off and didn’t. Should I just start burning those days?? I’ve earned them. Could they potentially penalize me for using too many?

2) With almost 20 years here, WHEN they finally terminate me (which will be completely made up or highly exaggerated “performance” issues), will they offer me severance? I’ve been told by several friends that don’t work here that it’s likely they would due to my tenure, the inside knowledge I’ve acquired over all the years and to prevent any chance of a lawsuit (make me sign an NDA or something)

Thanks! This page has been my only source of sanity to see I’m not the only one being completely sc--wed. After the latest round of GPs took off for India last week, I know it’s just a matter of time for so many of us. ELT has burned this once beloved company to the ground while padding their pockets and ruining the lives of associates and their families.

Just remember when Chapter 11 hits and severance goes away you were offered a VRIF when you are walking to your car after a IRIF hits you.

Don't just sign up for the volunteer irif, speak to a laywer first. There are plenty of lawyers that offer free advice, even online.

If you sign up for something like this, you could miss out on benefits you would normally receive if you were irif'd involuntarily, including unemployment.

Xerox, or any business, is never looking out for you. Assume this smells just like anything else they do.

If you're months away from the next year, will they increase it by 1, or only give you full years served?

If the severance is the same as IRIF, then it’s not worth leaving. If you volunteer you won’t be eligible for unemployment.
OP: @at+1knsb3cc4

I need a break, and I wouldn't say no to severance.

https://hrexecutive.com/oracles-layoff-package-puts-severance-benchmarking-under-the-microscope/

Any truth to the rumor that Pennington is not closing just yet? No word on the rumored new building in PA and no communication from management on anything. Will everyone be expected to relocate to JC and NYC or will everyone just be let go? Will anyone get severance? When will any of this happen?

Should we worry about any reductions any time soon?

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 !

Random post, but to anyone wondering/concerned if you don't return your laptop in time or are like me and forgot (for good reason and not on purpose, long story and health issues), I still got my severance pay (shrug emoji). Just realized I still had it and thought I'd share

Amazon announced 16,000 job cuts. These reductions follow previous workforce eliminations in October and 2023. U.S.-based staff will have 90 days to seek internal transfers. Affected employees will receive severance, outplacement services, and health benefits. These layoffs reflect industry-wide adjustments after pandemic-era expansion.

Sioux Falls, South Dakota

https://973kkrc.com/amazons-job-cuts-affect-sioux-falls/

There is an Older Workers Benefits Protection Act (OWBPA) where employees over age 40 are entitled to a 21-day review period and seven-day revocation period for severance agreements.

Would that begin once you get your formalized walking papers? How can there be a deadline to accept the buy-out and its "approximate" info if this is a federal law?

I have been here close to 5 years but I feel like my team is on the chopping block and being automated. Some People are getting moved to other teams and red badges let go.
I think eventually blue badges will be let go a couple at a time. Does anyone know if severance is provided for small cuts like one or two people or is severance only for the big LR's that get anounced for a large percent??

The company Nelson Global Products is closing its Troutdale site. Sixty-five roles are being eliminated. Layoffs are projected to finish by September 30. Proximity to customers, low sales, and shipping costs caused the decision. Affected employees will receive severance and job search help.

Troutdale, Oregon

https://www.oregonlive.com/business/2026/04/troutdale-plant-to-close-eliminate-65-jobs.html

Any information on negotiating the opt in program? If you don’t need cobra, can it be converted to time?

After the recent layoffs and seeing my friends left with very little severence I am scared.
I started preparing more for interviews from Home and I am not interested even to show up in office unless there are critical meetings. I used to respect coming to office earlier.
The severance pack received by my friend is very low and I am also scared now with a single email any time my job is in danger. This layoff has collapsed entire morale of the unit and the human work culture.

Anyone know what the acquiring company, chosen outsourcing company, participating companies are for Citi which would allow Citi to revoke severance?

Before I got cut, I told myself the severance would soften the blow. Once it happened and the money showed up, it didn't fix how I felt. Not one bit. After years of giving everything to Oracle, they let me go with hardly a word of thanks. The check does not help the feeling that comes with that. I'm still not over it, and it's been months.