I work for Verizon. A little over a year away from qualifying for Medicare. Our new CEO Dan Schulman promised us big layoffs are coming. Our current severance package is 2 weeks per year capped at 35 weeks. I'm guessing that he will reduce that significantly to save money and point to ATT's severance policy as justification. How many older ATT employees have been layed off and negotiated a better severance package from the company? I'm thinking they should bridge my healthcare until I turn 65 and honor the old (current) 35 weeks pay cap.
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- I'm thinking they should bridge my healthcare until I turn 65 and honor the old (current) 35 weeks pay cap.*
Sorry, but this made me laugh. A corporation that honors anything?
You can think that all you want, but if they change the severance policy, that isn't going to happen. And on no planet would they ever bridge your healthcare beyond your severance period. At any rate, changes to severance take time to implement. Wouldn't happen for the remainder of this year anyway. If you only knew how long it takes the offshore team to implement any system changes, you wouldn't even be worried about that. Signed - former VZ employee
@ch If you had access to what AT&T pays out in settlements every single year, you would know you are talking nonsense. You can always sue, and most competent attorneys will force a settlement. But then you probably already know that because you are being told to post this by your business unit to discourage legal action.
Sue am at Will employer for changing the requirements for widespread job positions? There is no case.
You can sign or you can sue. All the lawsuit settlements have non disclosure attached so it may be a much better deal to sue, but we would not have that info. It is worth talking to an attorney.
You are being terminated. You have no leverage when exiting:
T is d-mb. There is no negotiation but tell them you are not comfortable with signing because of the list of grievances you would like to discuss with your attorney. Provide that list of legitimate grievances and within the day that portly HR hired hag will turn that list over to T’s finest legal slobbering hounds. They will contact you to ruffle your feathers but politely disagree with their stance. Never once mentioning that you want a bigger severance, they will call again tomorrow and increase the number. It reminded me of when I told them I didn’t want Uburp anymore. They game moe more channels for free.
No negotiations. Verizon’s severance is better than ours. We cap at 26 weeks.
They stopped doing that. They will just make you suffer so you quit on your own. No severance, no healthcare.
“ How many older ATT employees have been layed off and negotiated a better severance package from the company?“
Zero point zero. Seriously. It’s not something that can be negotiated. Sign and take it, or don’t.