#severance

Posts mentioning hashtag #severance

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A Thoughtful Approach to Workforce Reductions

When organizations face the difficult decision of reducing headcount, it’s important to balance business needs with employee well-being. Instead of removing people randomly, one approach could be to create a “wishlist” where employees can voluntarily express interest in leaving.

This method allows:
• Employees who are ready for their next chapter to exit with dignity.
• Critical roles and talent to be retained for business continuity.
• The process to feel more transparent and humane, reducing uncertainty and anxiety.

Such an approach acknowledges that some team members may already be considering new opportunities, while others are deeply committed to staying. By aligning both organizational and individual needs, Dell can manage necessary changes with empathy and fairness.


Lawsuit

Paying for 60 days instead of giving 60 days’ advance written notice

Employers must provide at least 60 days’ written notice; payment in a 60 day period after the fact does not substitute for notice.

Source: 29 U.S.C. § 2102(a); 20 C.F.R. § 639.2; DOL elaws Advisor


Something is wrong with the severance!

I am getting only 12 weeks of severance for 23 years of work. The 12 weeks basically add up to my salary for the remainder of the year. No f..king appreciation for my years of service! I am talking to a lawyer before signing this!

Medical and dental good until Halloween. No more contributions to HSA.

I thought I read we should get 2 weeks for every year. So I thought I should be getting 46 weeks of severance pay. Not 12 or 3 months!

I am definitely one upset former employee who feels completely disrespected and given no empathy from HCSC!


“Dismantled, Disregarded, and Disrespected

It’s beyond frustrating to watch how remote employees — many of whom have dedicated years to this company — are being slowly frozen out. If leadership has already decided that remote workers outside a few select hubs have no future here, the right thing to do is be transparent and offer severance, not string people along with empty promises and blocked opportunities.

They’ve dismantled Tech Risk under the guise of org consolidation and pushed everything into the new Corporate Functions structure. Fine. But now, they’re openly saying they’ll only hire into this “new” org if you’re located in Minneapolis, Charlotte, or New York. Translation: if you’re not physically near a hub, your career progression stops here — and you can’t even apply for internal roles.

No options. No support. Just silence.

The message is loud and clear — and it’s incredibly disrespectful to the people who’ve been loyal through tough times, reorgs, and chaos. If you’re going to treat remote employees like they don’t exist, at least have the decency to let them go with dignity — not hang them out to dry while pretending everything’s business as usual.


Layoffs, acquisition pullbacks, slower growth: Accenture hints at grim picture for FY26

Workforce reductions and acquisition exits come as IT demand softens; TCS also cut staff amid industry-wide caution earlier.

"The business optimization program has two parts. One related to rapid talent rotation that Julie mentioned, which reflects severance associated with headcount reductions that we are making in a compressed timeline, and second, related to the divestiture of two acquisitions that are no longer aligned with our strategic priorities," CFO Angie Park added.

https://www.moneycontrol.com/news/business/information-technology/layoffs-acquisition-pullbacks-slower-growth-accenture-hints-at-grim-picture-for-fy26-13580710.html

Acquisition Pullbacks:

Messaging: "didn't align with our strategic priorities"

"Accenture also announced plans to exit certain non-core businesses and divest assets worth $865 million as part of its ongoing portfolio optimization strategy. The move is aimed at reallocating resources toward higher-growth areas, particularly AI, digital services, and cloud-driven initiatives, enabling the company to streamline operations while strengthening its focus on emerging technologies."


Contact HR - External Website

I was trying to get clarifications on detail breakup of Severance Pay Formula from HR. Pointed to Non VPN Access: [External Ask HR Portal]- https://hrhelp.custhelp.com/

Once I get the detail breakup of unused vacation, formula used for final payout, I will fight for a few days

Please bookmark & that will save you 3 days for a normal reply from HR Via E-Mail


No Severance until company assets returned

The package states #14 that you will not receive severance until company assets are returned, and it also states that you will receive the box to return within 3 weeks AFTER your separation. That means no payout for 3-5 weeks? receive box, ship back, Oracle tracks and then release of Severance.
Are you ready for no $$ for that long? I wasnt.


Fair Warning - Go Ahead and Ignore Me

For those expecting a golden parachute, consider this a warning: the bank does not want to pay severance. They already stretched funding for layoffs this year, and the idea of generous packages next year is a myth.

What you will likely see instead is a rise in “inconsistently meets” ratings or worse. If you miss your 4x8 schedule targets or fail to stay “in the zone” with daily activity metrics, don’t assume it will be overlooked. Ignore this at your own risk.

The system is designed to keep you boxed in. Step the wrong way and you may quickly find yourself on a PIP and out the door. This isn’t about development—it’s about attrition. They don’t need to force you out if the conditions drive you to quit on your own.

And don’t make the mistake others have made by filing complaints during leave—you risk being terminated for cause. Right now, management is looking for any excuse to cut costs.

That’s the reality. Take it seriously.


Severance Agreement & Training

Did you already sign the severance agreement?

Companies like Oracle are expected to prepare employees for future technologies? Were there any yearly training plan offered?

I would have hoped there were some future technologies or some kind of training offered for any employees to make them get ready for internal or external positions.

What are your thoughts on this?


Voluntary Separation Package

Do you feel like it might be the right time for the company to offer management employees with pensions a retirement package?

With everything changing so quickly in the business and with fewer people coming in under the old pension structure, it feels like it could make sense for AT&T to consider giving us that option. For some, it could be the opportunity to retire earlier. For others, it could open the door for fresh talent and new ideas.

Curious how you all see it—would you take it if they offered? Or do you think it’s better to wait it out?


Separation package and MEET/DOES-NOT-MEET rating

Are separation packages still being used within the bank?
For the first time I got a dos-not-meet rating during my mid-year review, thinking they are preparing for a layoff without the package - what do oyu think?
Is that true that when you get DOES-NOT-MEET - you are not eligible for a PACKAGE...


Training department layoffs

Today, myself and several of my colleagues in Learning and development were laid off in a round of “reorg.” This was the third reorg in 3 years. They had announced a reorg over a month ago, but when executives were asked about layoffs during a meeting, they evaded the question. Today, they also refused to disclose how many people were affected.

This company is absurd. Every October, they conduct layoffs. The executives should be the ones laid off.

Im still waiting to hear about the severance package. Anyone know?


Procter & Gamble restructuring plans: Buyouts, brand sales and a CEO shakeup

  • The last time P&G did a major restructuring, most of the jobs reductions were buyouts. Likely targets: Generation X, those born between 1965 and 1980.
  • So far, P&G has indicated it wants to make trims. Its last round of cuts started small but then got deeper after earlier rounds failed to achieve a turnaround.
  • Further change will likely occur at the top with a new incoming CEO and other management shifts.
  • The company said some brands might go, but it's not clear how many or which ones.

https://finance.yahoo.com/news/procter-gamble-restructuring-plans-buyouts-161338050.html


Terminated as a result of Retaliation

I was displaced, filed an ER grievance, and was then ultimately terminated after my Notice Period ended in a clear case of retaliation. While I'm pursuing legal action, trying to ascertain if the bank can now cut off my severance, benefits, damage my employment record etc. I'll know soon enough and will address accordingly, just curious if anyone has a definitive answer.


Explain this to me

Let’s say that you are a Phase 2 employee who gets blindsided jn November and laid off. Do you get severence as well? Or just nothing, but the ability to collect unemployment.

Seems kind of unfair to not allow an early option to quit and take the severence pay because you are remote. You would hope they would not lay off any remote workers in November but from what I understand everyone in the entire company is vulnerable on November 11.


I, for one, would actually prefer to be laid off

With a decent severance to bridge me over, I’d take it. I’ve had enough of this company. After some time here you eventually hit a wall without even realizing it, and there’s no real path forward after that. The job market isn’t great right now, but staying here doesn’t feel like much of a boon anymore. Whatever the rumors turn out to be, I truly hope those who need the job get to keep it. But for me, walking away and leaving this place in the rearview would be a relief.


$46.10

All these awards VH receives and yet the stock sits in the mid 40's. When Oxy is sold and she rides away with her ridiculous executive severance package, I hope all this blathering on this blog was worth it. She'll move on and you will be stuck with the steaming mess of your career to resurrect.. Good luck.


unfavorable social media posts

Has anyone heard of anyone being fired for unfavorable social media posts? In light of all the companies I see firing people for their comments regarding Charlie Kirk's assignation and then the Pulse article titled "Pause Before You Post: A Reminder on Social Media Responsibility", I figure social media posts will be ELV next way of firing people. They will be able to reduce numbers while not having to pay severance...smh