#severance

I know someone who’d take the severance in a heartbeat. Letting them go could save the job of someone who really needs it. Makes zero sense.

https://www.bizjournals.com/sanfrancisco/news/2025/10/14/layoffs-wells-fargo-job-cuts-wfc-severance-expense.html

Any chance severance gets cut by the time the next round hits? Has it happened before?

Please someone share what kind of severance is being offered. This time, a$$hole leadership is not even showing any humanity, just to make sure their a$$ is not targeted. What a bunch of shameless folks! If you love your friend and family, never refer them here.

That's my biggest issue right now. I can't afford to lose my job because I desperately need my health insurance. Do we get anything as part of the severance package?

If your team have H1B visa holders or you notice your business is shifting more functions to India, it's important to stay cautious and alert.

Many companies are now laying off American workers to reduce operational costs, and in some cases, employees may be unfairly labeled as underperformed to save severance.

Remember, as American workers, you have rights—if your business is laying off while still employing H1B visa holders, it raises questions about the necessity of the visas and the company's compliance. Do file a report to Department of Labor and USCIS.

As a proactive step, consider reaching out to your local congressman to advocate for stricter regulations on H1B visas and offshoring practices. Congress has already taken some actions in this direction, but additional support is needed, especially as U.S. job growth is experiencing multi-year lows.
Staying informed and engaged can help protect your rights and ensure fair employment practices.

Where is Imperial's board in all of this? Aren't they supposed to be holding management accountable that any changes are in the best interest of Shareholders?

How is this good for Imperial? Move activities from Calgary to Houston where EM folks who are less familiar with the market will oversee the activities at a much higher cost, and then funnel more chargebacks to Imperial. Move activities to GBC's for sub-standard work from a bloated GBC headcount, while paying those folks to fly all around the world and racking up more opaque chargebacks. Move profitable Trading activities out of Calgary so EM can do it instead and pocket the $. How is that good for Imperial shareholders?

Relocate staff from Calgary to Edmonton, putting a huge amount of chaos into the business, incurring huge costs for severance, relocation, and then losing many of your best employees. You're left picking your team from whoever wants to move to Edmonton, which is a minority. All other energy business is in Calgary, so those staff in Edmonton will then have to travel back to Calgary regularly for meetings, incurring more cost and time. How is that beneficial to Shareholders?

I'm sure EM has put together a nice PPT showing the board that this is good for them, but shouldn't they be putting in some critical thought? How did the board say yes to all this? The board seems to be failing shareholders, and this is ripe for an investor lawsuit.

I’ve been planning my exit for a while now. Took a few certs, kept my resume fresh, and stopped overdoing it. I’m just here until something better opens up. Severance would just be a bonus.

For those fallen during 2020 layoffs, the 5 year layoffversary is coming up. How are you celebrating departure away from the XOXic (XOM Toxic) environment? How was your experience with Layoff, good bad? And how are you doing now? Let's provide some real insight and inspiration to those still there who have only made to believe otherwise by their bosses and HR.

Here is my experience.

Extremely bad departing experience; manager reading HR script informing, never returned my personal desk items, the laptop box chaos (mixing up wrong people names with wrong addresses), bashing us in LI, classifying us a Retirees (i am sure XOM again is benefitting somehow by this move) and still sending us mail asking to donate to UW. Those dear colleagues never reached out for support, post departure dealing with benefits was bad.

How's it now; Director in a non tech but Fortune 500 making 38% more base plus 25% bonus, RSUs, better healthcare plans, less toxicity than XOM, and a learning for someone who fell for "long term career", and "family" jargons of corporates and someone who cared and took colleagues at to their face value to never trust and believe in that again. Tough but a good and an eye opening lesson.

For those other 2020 martyrs, how was your experience and where are you 5 years down the road?

Make this thread a long and full as possible to give some insight to those who remain at XOM and want to know the true experiences the fallen had. It will also help aspirant newbies to determine whether they should join XOM or not and shut up the kool-aid drinkers because their agenda to paint a rosy picture of XOM leaders and HR handling will be exposed.

What exactly does the severance include and is there a max? Is it 2 weeks for every year of service? What’s the max amount of weeks they’ll give? 50? Do they also give bonus and stocks?

Decades ago HR liaisons were very accessible. These days, HR always directs us back to our business lines. I’ve discovered that our business lines can be secretive and coy when inquiring about company policies. Never in my lifetime, here at this company, did I ever think I would be having to deal with lawyers and the EEOC just to determine my status with the company, policies, and procedures.
I highly suggest everyone on this message board simply go and send your inquiries to the EEOC and talk to lawyers about how to navigate these uncertainties in the company.
There are people who specialize in assisting employees of this company navigate their employment rights.
I’ve always wanted to be an exceptional employee. I just don’t have the time or the patience to navigate company policies and do my job at the same time.
I wish you all the best. I’m trying to determine the best route to take. Hoping I can sign my severance paperwork, soon. Though, somewhere in the back of my mind, I think I’ll be terminated with cause. No way in h*ll am I going to resign and have to give 60 days notice.
I’ll just keep collecting paychecks until they literally show me the door.
Good luck, all.

Check your states rules on WARN ACT: Some states now requires a 90-day notice before a mass layoff or the closure of a facility, a significant increase from the previous 60-day notice. The state's law, known as the (your state) WARN Act, now applies if 50 or more employees statewide are laid off and includes part-time workers in the count. If the 90-day notice is not provided, employers must pay an additional four weeks of severance pay in addition to the mandatory one week of severance per year of service.

Employer "establishment": The definition of an "establishment" has been expanded to include all facilities in (your state), and layoffs at different locations may need to be aggregated to meet the 50-employee threshold. This includes remote employees who report to a (your state) location.

Severance pay: In addition to the 90-day notice, employers must provide severance pay of at least one week for every year of service. If the 90-day notice is not given, an extra four weeks of severance pay must be provided.

If Verizon offered a package deal that was really good, would you take it. What is your definition of a really good package that you wouldn't even have to think about it and sign the next day?

I stand to get 21 weeks and am most likely on the chopping block. Am i eligible to receive unemp benefits from day 1? Texas only counts after the 'period of coverage of the severence pay'. But the verbage at:
https://efte.twc.texas.gov/release_waiver_agreements.html
""2.Incentive money, i.e., money paid to secure an employee's agreement not to file claims or lawsuits, is not regarded as severance pay for unemployment claim purposes and will not affect unemployment benefits if it is paid to obtain a release or waiver of liability from the departing employee with regard to the Civil Rights Act of 1991, or to settle a claim or lawsuit that has already been filed, or in connection with a written contract that was negotiated between the employer and employee prior to the date of the work separation.""

#2 seems to indicate that in our case , the 'Enhanced lumpsum' we receive seems to be more of a 'I wont sue you for this money' so does not count as severance money or the sake of unemp benfs?

Any advice on how to maximize probability of being laid off and obtaining the severance as soon as possible?

I predict that I’ll be terminated for cause. With decades of service, numerous awards and accolades, the company will use that to not pay my severance of six figures. All because I didn’t spend eight hours a day three days a week being a desk jockey in a cube farm.
I spent decades trying to perform exceptional service every single time. Focus used to be on getting the job and the projects completed.
This new form of micromanagement is challenging to navigate with so many new detailed company policies to observe.
I really used to like this company. My 9 to 5 was actually 5 to 9 as I found my work extremely gratifying.
So, if I don’t have any severance paperwork to sign with the disparagement clause, then hello social media, my new friends. I’ll be happy to tell the world about the inner workings I’ve seen over the past several decades. Stephen King, I might have a new horror story for you.

The day starts just like any other. You are asked to remain close to your station in the event you are selected, and the selection process usually is undertaken in the morning. It’s a nerve wracking day and you can’t help but stare at the door or entrance you know supervisors or managers would enter if you’re about to get let go. But I’ve been through 5 or so of these staff reduction days by now. Perhaps my number is up this round, maybe it isn’t, it’s out of my hands. What I do know is if my supervisor does come through that entrance this time around, I’ll be professional and gracious for the package, and that I’ll also be wearing different colours by year end.

Let’s see how many people are gone for made up issues that are buried in one of the million policies! Saves money not paying and losing your pension

Can anyone who has been laid off or taken the package shed some light on what they plan to do with their 401k after their end date?

Had layoffs on the manufacturing floor yesterday, mostly some old timers looking for a package.

Several of us are in the same situation. We all declined to relocate. Does anyone have any experience with approximately how long it took before they received the severance DocuSign email?

Do they cap it? Let's say someone worked here 40 years?

What's the rule for this or just point me where to look as I am unable to locate the information? I was planning to leave anyway but I'd rather take severance and my PTO.

Remember when we used to get Best shot awards, exceptional service awards, and the lucky few, annual trips to Hawaii?
Forget the gold Rolex watch from that back alley in Hong Kong, just get me my severance package to sign. That’ll be better than all the awards and trips to Hawaii.

does anyone have any details about the so called "co-sourcing" venture HPE is planning with Deloitte in Romania? All I'm thinking it's a masked lay-off. HR announced Global Finance and Accounting Organization will move to Deloitte as part of a co-sourcing venture between the two companies. Considering if you get an offer to move you'd have to resign from HPE and then start on a probationary period with Deloitte, why does this seem like the perfect scheme to avoid paying compensations for layoffs?

10/15 was a bloodbath across Comcast. Some Sr leaders, mostly staff. Severance packages for frontline are embarrassingly bad.

Who's expecting Mike to announce the new CEO's name today at the Fire Side chat?

In August this year, I declined the substantial position change to relocate to a core location. It’s now the middle of October and I have yet to receive the severance package paperwork to sign. Any idea why such a long delay? Thanks.

How is severance calculated? Any news on Canada lay off's?

Warehouse operations are to be handled by the third party company starting Dec. 7th. Was told that things will continue as usual until Dec. 7th when we are no longer employed by Pepsi. 2 weeks before Christmas. We are being offered/given a severance package. We've been encouraged to apply at the third party company and have been told we'd be given "priority" in the hiring process and wouldn't have to do an interview. We have some guys who have been with Pepsi for 40 years and are being laid off. Location is Everett, WA. The new company will be running things at the new Marysville location starting Dec. 7th.

Can you imagine if they drop people with only 1 week per year?

With murmurs about the next round of layoffs being soon, what is the standard severance package? Does it change based on role?

Just to make sure nothing has changed and there have been no reductions.

I was a part of the RIF that occurred at the end of September. I signed my severance agreement and then received an addendum saying I would not receive a lump sum, but would receive biweekly payments. Do you think this will occur on 10/17 or will I be waiting up to 60 days for payments?

I know of 15 people actively looking for other jobs outside Humana , they want out. Unhappy people with current state of affairs.
Offer the severance package again so we can leave.

I’m hearing conflicting info about what the severance package will be for the upcoming layoff population. Will it be the same as those who decided to leave?? Feels wrong to give ppl who decided to leave the same as ppl who actually still want their jobs. And specifically the insurance/COBRA. Will it be subsidized thru to the end of the severance term?

What are NFP's terms of severance for 2025.

Did you guys recently have layoffs in SF? If yes, how many people were let go and what kind of severance payment was provided to the employees??

Just came across this article saying severance spending hints there won’t be job cuts in Q4. Curious if that’s really the case.