Lot of rumors floating around about a potential VBO. Anyone knowledgeable enough to speak on the subject!
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VBOs are incredibly expensive for the company, even with writing some costs off over three years. It seems unlikely there will be another VBO when they can get people to leave voluntarily if they can’t or don’t want to relocate near an office or otherwise comply with RTO requirements.
looks like L8 above are getting an option for retirement/VBO which other do not have yet. Many of them are retiring suddenly.
Praying that the comment about a Q1 2025 VBO is true.
2 so far every 4 years last one 2021. Eligible employees would get an email notice in March 2025 if true.
Just heard it may be coming first quarter next year.
Remember how it works… VBO first then layoffs second. So many folks regretted not taking the VBO only to get laid off. Take the VBO and expect roughly 2 million per squad to mean 50 squads worth of cuts.
VBO = Voluntary Buyout Offer
yes please!
Virtually
Being
Onsite ?
Very bad odor?
The VBO carrot arrives. Wondering how long it would be for someone to drag out the VBO carrot during the RTO fiasco.
Don’t wait for a VBO, you’ll regret being fooled into hanging around.
Check NetBenefits. There’s docs there with more information for 2025.
Yes, it will be part of the 100 million costs savings.
what is VBO? sorry I am new to these