Our last 3 town halls seemed to confirm MVO letters will be sent on August 14 - anyone hear if involuntary layoffs coming before 2021?? It doesn't appear to be any but just asking
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Got my MVO email Friday Aug 14 as expected. A lot to consider 😁
@xog, many factors probably. They know how many employees are in each department, and what their individual tenures, salaries, and retirement benefits cost. So if you want to get the older folks off the books fast, you make a few changes to future retirement perks then offer a MVO to see how many jump. Less risky from a legal perspective than surplussing all the old, expensive employees.
What does this mean?
Our VP confirmed in a town hall this week that MVO Letters will go out Aug 14 to Level 1 through 4. Finance shared services.
Nonsense! Everyone is treated equally at at and t! :/
How do you offer some business units the option but not others? Is it a cost thing? More time or higher cost for a MVO?
August 14, 2020.