Thread regarding Nokia Corp. layoffs

Nokia offering Voluntary Leave Plan

Came out today:
10 months pay
25k bonus
pro-rated 2026 bonus
PTO payout

Must have 30 years, JobGrade 12 and under

Decision date July 16, effective date August 1


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Post ID: @OP+1ktvxj38g

6 replies (most recent on top)

Is that 30 years experience in NOKIA itself?

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Post ID: @mg+1ktvxj38g

@dx From USA people who received the offer.

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Post ID: @ed+1ktvxj38g

@dx Yesterdays (June 11) email for USA only employees of Nokia of America with 30+ years of service. Did people from Infinera USA also get this offer?

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Post ID: @e1+1ktvxj38g

@OP from where did u hear this?

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Post ID: @dx+1ktvxj38g

Is that in the US? Here in Canada, 30 years service, plus being over 50 would easily be 24 months of severance under common law AND you'd get the bonus for those 2 years with a half decent lawyer

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Post ID: @bk+1ktvxj38g

What's the package? If you don't take the package, are you more likely to be on the next RIF list?

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Post ID: @bc+1ktvxj38g

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