There's some misinformation on this thread. Well there's misinformation almost every thread but as far as this one goes- anyone kept during the transition will still get severance when they are released around the middle of next year, they'll still get their stock options, etc. Nothing changes except they get another 8 months or so of employment and they'll have a much better idea of when their termination date will be- which makes it somewhat easier to look for a new job as compared to not really knowing if they will kept on in another 2 weeks. Besides, in many cases it's not up to the employee if they're chosen for transition- if they refuse, it's no different than quitting and goodbye severance, stock, unemployment.
I didn't know this. Can anybody confirm if this is true? Btw, this is a post from another thread on the CA board.