What are the chances of EOIs for competitive edge? Has anyone heard of any rumblings? If there are EOIs it would assume more of a mass layoff than a targeted one. Also chances that people would jump ship after taking away hybrid wfh?
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I hope they offer it. I’ll be out in a heartbeat. Toxic managers and HR does absolutely nothing even when reporting to ethics.
The lump sums for the defined pension plans are roughly 1/2 the value of 2021. It’s worth hanging on in the hopes interest rates will fall.
They have their number. Poor management is hoping that people will leave so severance doesn’t have to be paid. Then they will cut like crazy. We have terrible senior management, no heart.
For the few left with the legacy defined pension plans this is a disadvantaged time to take the lump sum payout. The first segment interest rate is 9 X higher than the historic lows of 2021. You basically made the decision to work much of the last four years for free. Might be worth waiting for the rates to drop.
Been kicking myself for not jumping at the last one. Fingers crossed!
I hope to god that EOI’s are a possibility, pick me pick me
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