I have mixed information as to how generous the severance will be for those whose positions are made redundant. Can someone give me accurate information about severance?
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Nobody probably knows because it hasn't happened yet.
What is the existing severance policy of VMware?
The past severance policy of VMWare will continue for 12 months per the Merger Agreement
https://www.sec.gov/Archives/edgar/data/0001730168/000119312522161025/d525235d425.htm
Section 7.7 (a) (iii)
Effective as of the Closing Effective Time and for a period of 12 months thereafter, Parent shall provide, or shall cause Verona Surviving LLC or Verona Converted LLC to provide, to each employee of the Company or any Company Subsidiary who continues to be employed by Parent, Verona Surviving LLC, Verona Converted LLC or any Subsidiary thereof (the “Continuing Employees”), (i) at least the same wage rate or base salary as in effect for such Continuing Employee immediately prior to the Closing Effective Time, (ii) target incentive compensation opportunities (including cash and equity compensation) and health and welfare benefits (excluding severance) that are no less favorable, in the aggregate, than as in effect for such Continuing Employee immediately prior to the Closing Effective Time, and (iii) severance benefits that are no less favorable than the severance benefits for which such Continuing Employee was eligible under the Company Benefit Plans in effect as of the date of this Agreement as set forth on Section 7.7(a) of the Company Disclosure Letter.
Please ask HR... its not a secret or hush hush thing to ask