#voluntaryseparation

Posts mentioning hashtag #voluntaryseparation

Below are all the posts — topics as well as replies — that mention the hashtag #voluntaryseparation.

Mention #voluntaryseparation in your post to continue the discussion!

What if..

What if I put in for vsp and got denied because boss felt like saying no. Another round of layoffs come and there’s no enhanced benefit but now I really get laid off. I got sc--wed out of the first one because somebody decided not to approve me. Can’t I fight to get that since I volunteered for it in the first place?


For those familiar with programs like the VSP

Is it standard practice that some "applications" may be denied? As in, you could accept the VSP terms only to be rejected anyway? My manager made our team aware of this possibility without coming right out and saying it. He said "not everyone will get accepted" which I found out.

Obviously Centene stands to benefit from seeing how many people will bite before giving them the green light. They benefit, again, from having a final headcount by 7/2 so that they don't accidentally over-correct. Not that it makes much sense to offer the VSP to so many employees that Centene could end up needing to hire people when all's said and done, but clearly leadership isn't the brightest...

This is the first I've ever heard of one of these programs. I'm trying to gauge whether Centene's being extra shifty with the "your application may not be approved" sh-t, or if that's standard.


Three questions to ask, When to take buyout- please read!

https://truepointwealth.com/viewpoint/three-questions-to-ask-about-your-voluntary-separation-package-offering/

https://www.themuse.com/advice/when-to-take-a-buyout

Sharing so everyone has the resources and information to make the right choice without the cloud of corporate manipulation.


I’m Ready

I’m 57 and ready for a layoff or vrbo package. Come get me! Or invite me to come partake.
Could financially retire but feel like I’m a self made prisoner of the golden shackles.

Will 57 year olds ever be eligible for a vrbo given decades of service?


How should I approach my manager about volunteering for the next RIF?

How should I approach my manager about volunteering for the next RIF? I won't go into too much detail here, but I have been incredibly miserable since they moved me to a new role after the first wave of VSP in 2024. It's a role I never would have applied for on my own. Originally I had hoped to stay in this role for a short period of time and then eventually move to another role internally. However, given the current state of the company, that is no longer a viable option. I was thinking of giving my notice soon (no I don't have another job lined up, but I have enough savings to get me by for quite a while). Should I approach my manager about volunteering for the next RIF so I can at least get severance? If so, how should I approach the conversation? Or should I just give notice and be done with this place?


What part of the M$FT buyout are you wanting? The rule of 70 only makes 7% of their employees eligible.

The one-time retirement program, announced in a memo on Thursday, will be available to U.S. workers at the senior director level and below whose years of employment and age add up to 70 or higher.

Business Insider obtained a full copy of the document, an internal explanation of the so-called Voluntary Retirement Program (VRP). According to the document, eligible employees who take the buyout will receive:

A lump-sum cash payment equal to a minimum of eight weeks and a maximum of 39 weeks of base pay, based on seniority and tenure. Employees levels 64 and below will receive one week of base pay per six months of service, and employees levels 65 to 67 will receive two weeks of base pay per six months of service.
Up to five years of insurance coverage, including medical, dental, and vision for the employee and their dependents. Microsoft pays for the first year.
Continued regular stock vesting for six or 12 months, based on years of service.
Continued retirement stock vesting for employees who meet certain requirements.
Last day of employment July 1.


Help negotiating UK VR

They’ve basically given me a week to take VR otherwise it’s CR

If I take VR I get extra 2800

If I don’t I get statutory terms

They want me gone come what may in a month

First consultation meeting is next week.

Does anyone know if I can apply for VR say in week 2-3?

Can I request they extend the month because I’ve applied for internal job?

Anything I should be aware off?


Approaching retirement, should I unofficially volunteer for severance?

I'll be eligible to retire in early 2027 and Finance is in the early stages of a reorg. I have 20 years with Shell and am age 50+, so my pension will likely be bridged if I get let go before I hit my early retirement numbers.

Should I unofficially tell my line manager that I'm happy to package out? What are the downsides to making this declaration upfront?


Cboe Announces 20% Workforce Reduction for Strategic Focus

Cboe Global Markets is eliminating approximately 20% of its global workforce. This restructuring aims to concentrate resources on core exchange businesses. The reduction combines earlier initiatives with the latest organizational realignment. Affected employees received notices on Friday. Eligible U.S. and Canadian employees are also offered a voluntary retirement option. This move is expected to save Cboe $20 to $25 million in 2026.

https://qz.com/cboe-layoffs-workforce-reduction-core-businesses-050126


Microsoft does a VRBP

Same playbook, different reason.

"An estimated 7% of Microsoft’s 125,000-person U.S. workforce, or about 8,750 employees, would be eligible... Microsoft itself laid off more than 15,000 employees last year and began requiring workers in the Seattle region to return to the office three days a week."

-- https://www.geekwire.com/2026/microsoft-will-offer-voluntary-retirement-to-thousands-of-employees-in-a-first-for-tech-giant/