Thread regarding Cameron International Corp. layoffs

Severance Package

Anyone know what the severance packag is? I've heard everything from 1 week per year to 1 month for each year of service. I can't imagine 1 month/year, but someone told me someone got 2 months for a year and half of service. I'm not sure if different divisions are providing different packages.

What about benefits? Do you get a month of insurance or does it stop the day you're cut.

Thanks in advance for any information.

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| 1002 views | | 2 replies (last August 1, 2015) | Reply
Post ID: @OP+CHvlu4b

2 replies (most recent on top)

I got 3 weeks pay for 10 months service

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Post ID: @48xN+CHvlu4b

Normally it is one week per every year you have been with the company and all benefits stop immediately within 24 hrs of you being let go Keep in mind they don't have to give you anything they can simply terminate you and be done with it.

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Post ID: @1x84+CHvlu4b

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