There’s a clause in the severance that states “you can not work for any competitor with in 12 months of accepting”. This seems highly unfair after a whole career in wireless. What an I supposed to do? Finds a completely different field and forget my years of experience? That’s so unfair… take the money and shut up or starve while you look for work!
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I still haven't read mine in full. The competitors are going through the same RIFs and it would be unlikely they'd have a job for us anyway.
I was told that “you can not work for any competitor with in 12 months of accepting” is not applicable to this round by the person that laid me off on Wed. What page is that on of the agreement?
If you get a job within before the end of the severance period. are you supposed to inform ?
Just lay low/don't post career updates on sites like LinkedIn, so it isn't easy for anyone to see where you might have gone to work after collecting severance. Don't stay in touch with former co-workers or bosses.
Those clauses are mainly put there re: bigwigs who would be sued later by the company for professional egregiousness such as shifting major business/sales/contracts to a competitor, or selling the company's I.P., etc. If you're a regular Joe, don't even sweat it. Keep moving forward, and just go get yourself a new job, wherever you're offered the best deal. No one's going to be clawing back your severance.
from experience, laid off in end of 2022 from Tmo. Got the package and signed usual jargon. Started new job within one month. The clause I think that may of applied is that during the WARN period where I was still a "T-Mo" employee I could not have another W-2. ie. double dip in terms of payroll salary but not payout. So my official last day was Nov-7, started new job Nov 16th I think.
Unenforceable. I had one when I left AT&T to come to T-Mobile too. No one cared.
@OP a non-compete vs an employment contract is less enforceable and honestly, if you’re sr manager or below, and didn’t work in something highly secretive, doubt they’d go after you, if you found a wireless gig elsewhere…but if you are unsure, agree with the idea to ask a lawyer that is, if you really think there is a career for you in wireless going forward to echo some other points about the industry here
Bro it’s a non-compete. You likely also signed this clause every year when you get your RSUs
Further, you do t have to sign your severance package, and thus that clause. But you’ll miss out on the money.
If you signed an NDA or other documents during your employment, then you should ask a lawyer. Otherwise the language means nothing.
They want you to get a job to avoid paying unemployment. Unless they are paying you full salary for a year I’d say it’s just bs jargon.
@OP All wireless companies are laying off, it's time to get out.