Thread regarding Citigroup Inc. / Citibank / Citi layoffs

Layoff severance terms - US

Can someone please confirm the severance structure for the US? I’m hearing 2 weeks for every year served OR depending on annual pay (for example $100k+ minimum of 12 weeks) plus Warn period? Is it the 2 weeks per year or is it based off the annual pay?

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| 976 views | | 1 reply (February 7, 2024) | Reply
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You get 2 weeks pay per full year employed, with the minimum # of weeks based on your salary amount), max 52 weeks. Plus, you’ll get WARN pay out if you qualify.

This is all in the employee handbook

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