Thread regarding CA Technologies (CA Inc.) layoffs

This is not ethical

Obviously layoffs are difficult - for all involved. The best option is to handle everything with integrity which is currently in question where CA is concerned. The timing - down to the week - is of utmost importance to both the employee and employer. CA timed this massive layoff to save $$$ for discretionary bonus sharing which occurs the third week in May. By laying off people one week before payoff - (you have to be an employee on the day of payout) - was a double kick in the gut to a great deal of people. Discretionary bonus is paid on the PREVIOUS years' earnings and should be deposited to the employee's retirement account if the employee was there for the previous year. It seems ethical to not do so. Also, at a layoff this massive, they should base the years from hire to annual hire date instead of the calendar year. A lot of people lost four weeks of pay because of this.

OP is @ThKalE3-2qkv.

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| 1931 views | | 9 replies (last June 26, 2018) | Reply
Post ID: @OP+TlbNaZ6

9 replies (most recent on top)

If you want to know how it works, contact your HRPB (the person sitting with your boss when you got the axe). It's their job to explain what you don't understand.

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Post ID: @wecd+TlbNaZ6

For those of us laid off today is officially our last day. Celebrate and move on. Everything that was promised so far has been paid. We have been given opportunity to get off before the ship sinks.

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Post ID: @7fcy+TlbNaZ6

Money is in the 401K and bonuses were paid last week. This is exactly what I was told would happen when I was laid off. Perhaps CA isn’t always ethical but on these two topics they did what they said.

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Post ID: @5ntk+TlbNaZ6

There are at least two bonuses. 401k bonus and success plan. Perhaps the OP was speaking to the latter. However, that is paid out if employed through the fiscal year March 31, 2018

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Post ID: @3dsa+TlbNaZ6

Here I thought everything posted on the internet was accurate. So disappointing. There is life after CA.

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Post ID: @3nvi+TlbNaZ6

It is confirmed. From the email: You must be employed for one year and active as of the last day of the plan year end December 31, 2017 to be eligible, so the OP is just wrong and it would appear that CA is ethical in how they are treating people on this.

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Post ID: @2stb+TlbNaZ6

No, the post is simply false. Ask HR and they will tell you the real facts. OP is an idiot who's spreading misinformation.

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Post ID: @1xrc+TlbNaZ6

Can anyone confirm if this post is accurate? I don’t think it is and am no longer on the network to check myself.

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Post ID: @1qmy+TlbNaZ6

Didn't someone reply to this post earlier saying that this is not accurate? Can someone confirm this. I was laid off last week and was told that the record date was December, similar to what someone said in an earlier reply that I can't find now, but can anyone confirm or direct me how to get the right answer?

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Post ID: @krw+TlbNaZ6

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