Thread regarding EMC Corp. layoffs

Severance Package

The current package is some combination of:

Cobra or current health plan for a year

Two week transition and access to a job consultant

10 weeks + 1 week for every year of service up to 26 weeks total. Over that, any additional severance is based on over 55 yo and 5 years in or 20+ years in at any age: at least 5 years is +13 weeks, 10 years +18 weeks, 15 years +22 weeks, 20+ years is 26 weeks. So the max package is 52 weeks.

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| 4933 views | | 1 reply (January 19, 2017) | Reply
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in which country is this happen?

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