Thread regarding AT&T layoffs

Termination Package

Some CWA workers will receive notification of Voluntary Termination Package on June 15th as per labor agreement and this shall be a grand celebration.

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| 1929 views | | 17 replies (last May 14, 2023) | Reply
Post ID: @OP+1mx708wk

17 replies (most recent on top)

I am a fourth level. We was told two weeks ago that we was safe. I don't know what I would do if I lost my job. I have approximately $45K of credit card debt, a mortgage with 20 years to go, a HELOC for $37K. I also have car payments of $760 and &685 every month, six more years of payments. Last but not least, I have child support payments every month of $1200.
If I get paid off my whole world will crumble.

The above must be sarcasm. It is not out of line. Thank you for playing though.

This is also the reality for some of the 2nd through 4th lines that have been determined to be not "economically aligned with the business going forward".

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Post ID: @5idk+1mx708wk

I got hired on, it seemed every 2-3 years I was getting promoted. My bosses always told me you either get promoted every few years or just fade away. You've gotta stay relevant in today's job market, that's exactly what I do.

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Post ID: @4jup+1mx708wk

Dude, for a fourth level manager, you write like you're craft right out of Texas! Who did you know to get to level 4? Ge-z Louise!

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Post ID: @4ztp+1mx708wk

I am a fourth level. We was told two weeks ago that we was safe. I don't know what I would do if I lost my job. I have approximately $45K of credit card debt, a mortgage with 20 years to go, a HELOC for $37K. I also have car payments of $760 and &685 every month, six more years of payments. Last but not least, I have child support payments every month of $1200.
If I get paid off my whole world will crumble.

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Post ID: @4dxw+1mx708wk

Craft will not get 5-5-5. They will get a severance according to the union contract. Management gets well, You are gone. Maybe we can start a GoFundMe for the "essential" 2nd though 4th levels that are about to find they are no longer needed. The company is looking though every org and discovering , we don't need you, we don't need you, we don't need you. It will continue, and then it will repeat this process. Those that escaped the first couple of rounds will get tidied up in the subsequent rounds of layoffs. You will try to squeeze away, but the company will find you.

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Post ID: @4kms+1mx708wk

I don't have a termination package as good as yours. WHHAAA. I don't have it, so yours is no good. Play hide and go phuck yourself. Lose your house, car, boat and then your wife. You know it is coming. You know are over extended.

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Post ID: @4lbs+1mx708wk

d3 has termination pay. up to 90 weeks. d3 sold us out on our pensions 25 years ago in order to ratify a new contract. the powers to be that were retiring walked out with around $300-$400k pension lump sum and 90 weeks of terminarion when they retired.

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Post ID: @4iyx+1mx708wk

Many of us will indeed take it and run - and in the meantime, we'll soak it...

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Post ID: @1tzp+1mx708wk

Take it and run from this toxic place

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Post ID: @1inz+1mx708wk

Possible, but I don't see it happening in my bargained for business unit since we're still hiring and have been over the last few months!

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Post ID: @1sbh+1mx708wk

The op is only talking about what the terms of the CWA/Leg T are which is up to 2 years pay for those with 31 years or more.

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Post ID: @1ubf+1mx708wk

OP wants 3 years pay, I don't blame them.
Legacy T contracts > All other contracts

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Post ID: @ghb+1mx708wk

The op is not saying anything about a 5 +5. The op is Leg T and just hoping to get the VTP per contract as it happens every 3 months. The next date is June 15th and there are many of us hoping for it.

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Post ID: @rte+1mx708wk

Turns out the 5/5/5 deal is on. It's just not with AT&T.
Dominoes will have 5 pizzas for $5 each with an option of 5 toppings.

Finally some good news!

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Post ID: @jbg+1mx708wk

Is this 5/5/5 guy the same guy as the cricket id10T ???

Unless your contract has a 5/5/5 provision it will not happen under your present contract.

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Post ID: @uux+1mx708wk

VTP is just Legacy t, correct. I think it’s referred to as SIPP everywhere else(for craft).

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Post ID: @lyj+1mx708wk

Oooh ooh ooh will this be the 5/5/5 offer?!?!? Thanks guys for helping me manifest this offer into reality!!!!!!

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Post ID: @axm+1mx708wk

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