Thread regarding International Game Technology layoffs

Voluntary Severance Package

I heard that VSP is being offered company wide now. I guess involuntary may be a few weeks or months behind.


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| 1699 views | | 14 replies (last February 18) | Reply
Post ID: @OP+1ke8fdjv5

14 replies (most recent on top)

@5va sounds like that’s the same as the VSP then

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Post ID: @6f8+1ke8fdjv5

@208 heard after 15 yrs for ISP in November; 19 weeks pay, IRS takes 20%, Cobra option (overly expensive), loss of all benefits in two weeks.

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Post ID: @5va+1ke8fdjv5

@3fd

It’s done for VSP.

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Post ID: @3kt+1ke8fdjv5

@OP any updates? Or they are done?

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Post ID: @3fd+1ke8fdjv5

If someone was laid off in November what package did you get? debating taking VSP and just jumping to a new company

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Post ID: @208+1ke8fdjv5

@1k8

Was it worse then vsp?

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Post ID: @1xd+1ke8fdjv5

@gh they already had involuntary layoffs in November 2025. Very very poor severance packages to boot (no pun intended)

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Post ID: @1k8+1ke8fdjv5

@1fw what was being offered?

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Post ID: @1gr+1ke8fdjv5

@1eh

I assume not enough took the VSP. Honestly, that was a horrible package.

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Post ID: @1fw+1ke8fdjv5

new company newsletter actually confirms more upcoming layoffs

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Post ID: @1eh+1ke8fdjv5

@zv

I wonder when but they may bleed the company dry of employees.

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Post ID: @108+1ke8fdjv5

I heard they will be few rounds of layoffs at least 2 rounds this year after VSP. They want to take lot of risk by letting people go

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Post ID: @zv+1ke8fdjv5

@fv I bet its to force the employees without a physical location who do not want to move or work in an office out the door. The question is when will it be involuntary.

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Post ID: @gh+1ke8fdjv5

I wonder how many people will take it.

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Post ID: @fv+1ke8fdjv5

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