Thread regarding Citigroup Inc. / Citibank / Citi layoffs

New York Notice

Was anyone in New York told it was 60 days notice pay?

I've heard other people say 90 days in New York.

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| 641 views | | 6 replies (last April 17, 2024) | Reply
Post ID: @OP+1s4js3fQ

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Yes, so assuming the below is correct:

“ Severance Package = Working days salary + Non working WARN period salary + Severance + Vacation accrual + stock grants”

That means you probably get 30 days working WARN and 60 days non-working WARN….plus severance.

So you get your 90 days WARN, plus what as the minimum severance amount?

Some claim the minimum severance is 12 weeks, which means the minimum total payment to a terminated employee is six months.

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Post ID: @1wkx+1s4js3fQ

Don’t forget, hr is counting the first 30 days as a working warn notice period and the last 60 as non working. If this is legal I don’t know.

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Post ID: @1vss+1s4js3fQ

Severance Package = Working days salary + Non working WARN period salary + Severance + Vacation accrual + stock grants

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Post ID: @1dyp+1s4js3fQ

what I am confused about is:
Some people on here have claimed that you get the 90 days minimum notice, plus a minimum of 12 weeks of severance.

I don’t think that that is true. I’m assuming that you get a minimum, in total, of 90 days.

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Post ID: @1kkw+1s4js3fQ

90

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Post ID: @cwc+1s4js3fQ

Its 90 days in NY and NJ

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Post ID: @yic+1s4js3fQ

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