Thread regarding Stifel Financial Corp. layoffs

600 people total, only few offered severance?

Is this true?

The layoff is 600 people with only a handful offered a severance. Mostly tenure employees that have put in 15+ years
@eb+1k6kw57zn


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| 1145 views | | 5 replies (last October 7) | Reply
Post ID: @OP+1k6x6wsyk

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Reporting in the Post-Dispatch is about 60 folks termed. Layoffs were across all of IT - software development side, core IT side, and IT security dept.

Exhibit A is the listing of titles and ages, to I guess demonstrate this wasn't targeted at those over 40 (protected class for Age Discrimination). 47 entries in the "Granted Severance Package" list, the remaining "Not Eligible" list is both those people terminated without severance and those who kept their jobs.

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Post ID: @e9+1k6x6wsyk

@bj cannot give anymore details than that. I got list of people who were laid off minus this names. Titles and ages only

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Post ID: @bz+1k6x6wsyk

@bd can you explain in more detail?

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Post ID: @bj+1k6x6wsyk

@a6 as someone who was let go and in a “protected” class. There was an exhibit A that gave a list of positions and # of those and it’s well over 200

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Post ID: @bd+1k6x6wsyk

The St. Louis Post Dispatch published an article stating that 60 people were let go. No other local news agencies have reported anything on it.

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Post ID: @a6+1k6x6wsyk

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