Thread regarding Target Corp. layoffs

Severance

Does anyone know when we will get our severance?


by
| 1471 views | | 6 replies (last January 15) | Reply
Post ID: @OP+1kdsdph3c

6 replies (most recent on top)

This week. Mine was direct deposited last night (1/14).

by
| | Reply
Post ID: @2ev+1kdsdph3c

You do know most of it will be gone in taxes. Sad times.

by
| | Reply
Post ID: @em+1kdsdph3c

@bt yes - pro-rated (11 months) bonus payout at 75% in addition to severance.

by
| | Reply
Post ID: @dx+1kdsdph3c

So you are getting the bonus as part of the severance as well?

by
| | Reply
Post ID: @bt+1kdsdph3c

@a3 yes I knew the no later than date but does that mean it’s getting paid on the 23rd? Or our last paycheck on the 16th?

by
| | Reply
Post ID: @a4+1kdsdph3c

From my separation agreement:

“No later than January 23, 2026, Target will pay you a lump sum payment of $xx”

by
| | Reply
Post ID: @a3+1kdsdph3c

Post a reply

: