I was laid off from Teradata right before Christmas and I received a week severance for every year of service. However, I also received a copy of the 2016 severance package and Teradata seems to be switching from a week for every year of service to a new severance model based upon your job grade. grade 0-8 = 4weeks, 9-10 =6 weeks, 11-12 = 8 weeks, 13 = 12 weeks, 14 = 16 weeks 15+ = 26 weeks.
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looks like they have the same formula for this round of layoffs in aug. 2017. hired more upper management, fired the people who actually do the work.
what do you think
Are directors and VP's 15+?