#severance

If someone is NSI’d and laid off in the future based on PDS process, do they get the same severance as folks now as long as they’ve agreed not to sue?

I.e ~1 month per year of service plus keep your pension (lump sum) and keep your RSU’s. ?

The Plano campus looks like it will be great. But like everything AT&T does, it’s already behind schedule and over-budget. Rising oil, mid-terms, and potential interest rate increases won’t help. Not to mention the 1/4 Trillion they just committed to over the same timeline. I thought we still carry a huge debt load?

And if you are Rule of 75, or will be by 2029, the likelihood you ever step foot in the new buildings as an active employee is almost zero. Stash your cash! Don’t count on 6 month severance either.

Then again, with current under-30 age employees realizing what they signed up for and are fleeing after a short 1-2 year cup-of-coffee, I can’t imagine many of the current employees will see it either.

There has been a lot of back and forth on this topic. Lots of people got 4’s this year out of the blue. The question: are those people
Who got a surprise 4 denied their severance?
I’m talking 3/4 rating with no PIP

This post is what this site is supposed to be about, not the whining RTO bs.
So I and R in the CWA district 6 area were offered a VSP to leave, they got offered an extra 50k to leave!
so far 4 guys from our garage took it but would like to hear what other areas have been offered!
you know what happens next less techs means less managers if not enough take the offer surplus is next!

Sorry the next news to drop is freezing the pension for those active employees that are pension eligible. That will be announced right after the April round of severance packages. The next round of severance packages/pressure tactics ramps up again in October and will wipe out most of the remaining underwriting folks. You will get the return to work mandate, for 50% of the time, for most employees effective September 01, 2026. Leadership 75% of the time. Executive will announce they are converting a large portion of your remaining PTO to sabbatical time and pay you out for a portion of it as well. They are trying to weed out any old remnants of the old SF or pressure test those people they consider weak. They are still delusional thinking the continued failure of their business model is not the incompetent DEI/2040 workforce they have hired, hubs and horrible business models they keep doubling down on. One more "magic" motivational quote, 1x1, Huddle, TPD or SXS is all that is standing behind their names in glory in the business world and return to #1. It is kind of funny to actually watch this level of stupidity and incompetence! Hilarious!

For those who have left or have received termination letter, what are the severance amounts vs estimate? Please state YEE and % difference between estimate and actual.

FUJIFILM Biotechnologies confirmed layoffs at its College Station facility. This decision followed a strategic review of the company's portfolio. The company aims to improve efficiencies and align operations with customer demand. A small number of roles were impacted by this effort. Impacted individuals will receive support including severance packages.

https://www.kbtx.com/2026/03/19/global-medicine-vaccine-producer-confirms-layoffs-college-station-facility/

Curious what the bank’s severance package is looking like these days.. anyone from a bank position been laid off recently and care to share? Hoping better than the 2008 packages..

I stopped caring about this job a long time ago. At this point, the only thing I want from them is a severance check. This company isn't worth my stress, my sleep, or my health. They don't get to take that from me too.

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 .

Let help each other navigate through these troubled times instead of spreading rumors or hate.
If you can please share severance facts anonymously.
1) Does Nike accelerate vesting for all unvested RSUs ? How about options ?
2) Does Nike provide existing medical coverage during the two months on payroll ?
3) After those two months does severance include subsidized cobra coverage only ?

I have nearly 15 years at the bank and am at retirement age. If I were laid off, would I still receive all my retirement benefits, along with any severance they might offer? Or would I be better off retiring before I get laid off? I fully expect more cuts in my BL.

Are employees being let go due to “needs improvement” eligible for severance and unemployment?

Anyone laid off in Q1 confirm what it is?

Atlassian, an Australian tech company, is laying off 252 workers in California. This is part of a larger 1,600-worker reduction, representing 10% of its staff. CEO Mike Cannon-Brookes stated the cuts fund investment in artificial intelligence and sales. Most affected California employees were remote workers. The company offered extensive severance packages to those impacted.

https://www.sfgate.com/tech/article/ceo-apology-atlassian-layoffs-22082045.php

Anyone got news about any retention pay along with a severance package? Plan personnel were informed of the closing on Feb 2nd and still waiting for specific on this.

I hope I just get laid off in these next rounds. A layoff is a band-aid ripped off with severance. PIP is torture. You still try, because some stupid part of your brain thinks you can beat it. So you exhaust yourself 'improving,' only to get fired anyway, just without the severance. What other tricks do they have planned?

If anyone is comfortable sharing details.

don't trust this company too much; they start hiring in massive while firing and laying people off. Start looking for a new job, not a good management. they will give you last min surprises that you haven't performed well. Don't even know if they pay severance.

Hi everyone, i know it's a long shot, but I am genuinely looking into how to possibly "volunteer" for layoff. I am burnt out and going to take a career break, but how can I be part of layoffs if there is a second round? Might as well try to get some severance pay, based on hcsc policy for years worked here. Seriously asking/inquiring. Here come the troll/mock replies, I'm sure...

30 day PIP process, based on DAPR numbers not CCRS. Takes one month of lackluster results, and 90 days to get off. Even if you hit the quarterly number, a single monthly miss puts you on a written. Have fun trying to take vacation or any time off.

R2B moving out of stores, managing the biggest demographic, and outnumbering Mid Markets 2:1. Open reqs for Mid Markets continually closing and reopening, no new hires.

Full calendars of nothing but blitz calls and zero focus on anything but "growth" via new logos and phone adds. Calendar filled up for 10hr, and being told by Sr Managers and Directors that we need to "sacrifice" to hit the number.

It has been a fun ride. Hopefully it ends in some severance packages and not just managing everyone out with asinine policies.

Grade 30 reporting this:
3/19/26 is 1 of 4 layoffs coming. Was informed UBH, ECS, OI, PI, CCR, Optum Serve, MCO, E&I, and numerous customer service roles will be impacted. This is 1 of 4 more remaining layoffs occurring in 2026.

For those remaining, PIPs will be the new norm to avoid paying severence packages. Easiest way to reduce $. Workforce will be even more slim & existing work will continue to increase w fewer resources. AI is expected to reduce the time to do the work. OGS will pick up the new jobs (+ they get a $10-20k bonus for OGS referrals).

Buckle up - even tougher times are ahead.

Voluntary/targeted severance.

The old guard is ready to leave and just cashing checks at this point.

MGRs are disengaged over the ridiculous demands, broken equipment, increased micromanaging, and 25% individual store bonus multiplier...getting worse daily.

Sycamore would be wise to move quickly on this.

Laid off 3/5/26. Electronically submitted severence paperwork the next day. People say it takes 2-3 pay periods until it’s paid out. Is there any way to expedite?

Asking as I might take another internal position (I’m in the hiring process). You forfeit severance if you are hired back on BEFORE your severence pays out.

Would like to get severence AND get back on since the job market is terrible where I live.

Any suggestions from this group?

I just got let go today It’s happening

Of those laid off last week, did you receive a severance package? Are you eligible for rehire?

Any tips? Do you just send an email to HR asking for more?

How long are you given to sign the severance agreement ? One day? One week ? Other ?

What was the packages/ offers you guys got? Just asking to see if its worth trying to negotiate/ how to negotiate

U.S. employers announced a significant increase in layoffs recently. This trend highlights the importance of financial preparedness for workers. Experts recommend creating an emergency budget and building savings. Negotiating severance packages and understanding tax implications is also crucial. Workers should prioritize emergency funds over credit cards or retirement withdrawals.

https://www.cnbc.com/select/4-resources-to-help-you-feel-financially-prepared-for-layoffs/

Just trying to plan, just in case.

I'm mostly curious about the medical coverage.

How much severance does a Band D partner get when subject to RA at IBM US
Is it the same 3 month severance for Band D partner or you get 6 months or more being an executive . just want to prepare for the worse given the rumors of an upcoming RA in April 2026

Offer 1yr severance and heath care. 99% of pension eligible employees will take. Problem solved....

This company gives 0 f’s about any employee other than their bottom line my whole department laid off in February and they spew redeployment BS. Two decades working for them relocating many times across the country. Apply for 15 internal jobs and not one interview. Always had strong performance reviews. Landed a job quickly outside the firm so I guess take the severance and run.

If I start a new job with another company during my 60 day non working notice do I forfeit my severance? What is citi’s policy on this?

For anyone who has received, does this come via direct deposit, as all previous payroll payments have come?

Or are they checks cut and mailed?

Apologies.
Please be aware that planned optimization activities must be postponed this weekend because we migrated our accounts and nobody in the department can reach the share point with the list of lucky block 6 lottery winners.
We are working around the clock and expect to have normal randomized employee census optimization up and running soon.
IT apologies for any delay in receiving your severance.

PS : next month we expect to have the census agent bot up and running. It will work round the clock to detect any employee down time and automatically fire people when direct labor drops below daily targets.
These are exciting times.

Happy separations day!