Thread regarding Phillips 66 layoffs

VCIP question from someone who was laid off

I left the company late last year, but receive VCIP still.

Has VCIP been announced and can anyone clarify when payments go out?

by
| 1752 views | | 7 replies (last February 13, 2025) | Reply
Post ID: @OP+1jkr7kzef

7 replies (most recent on top)

Trash

by
| | Reply
Post ID: @qt+1jkr7kzef

A check will be mailed to you late next week.

by
| | Reply
Post ID: @qk+1jkr7kzef

128% total

by
| | Reply
Post ID: @qf+1jkr7kzef

Depends where you're from, you get your lovely box 3 and then the % on whatever eligible earnings you had in the year of 2024.

UK payroll is 25th march
US is 21st Feb
Singapore is 20th Feb

by
| | Reply
Post ID: @d4+1jkr7kzef

Same here, did they tell you if it was a full vcip or a prorated amount? I’m assuming the severance wouldn’t be considered eligible earnings.

by
| | Reply
Post ID: @b7+1jkr7kzef

Announce on 13th.
Payment on 21st

by
| | Reply
Post ID: @az+1jkr7kzef

Announcing this Thursday, think it goes out a well after that.

by
| | Reply
Post ID: @a2+1jkr7kzef

Post a reply

: