#benefits

Can someone explain the differences in what you are offered if you take the VRP vs what you get if laid off?

The benefits book severance section confuses me. It makes it sound like Wells Fargo will adjust or reduce your severance payment amount if you also collect unemployment. Does anybody know for sure? I’m in Oregon.

I was left a voicemail from a phone call from a personal phone number saying that he was from Wells Fargo 401k Plan and that they received a change in the status of the account.

I'm not sure if this is a phishing attempt.

I can log-in and everything seems fine. From my understanding I could keep the funds in the account.

When I call the phone number from another phone I have, I am greeted with "Thank you for calling Empower. Your call may be recorded..."

Was it scam call?

I guess the best time to retire was yesterday. If I want to maximize the amount RSUs I receive, when is the best time to retire? After this years RSUs are received?

Nothing has been reduced, right?

They keep taking and taking and never giving anything back. We've lost so much in the past several years, from relative job security to benefits to normal culture and so much more. So is there anything left that's keeping you here outside of the cr-ppy job market?

I was reading this Wharton article about how small slights from employers cause a loss of productivity. link to article: https://penntoday.upenn.edu/news/penn-wharton-when-employees-feel-slighted-they-work-less

PNC better get ready for this on a grand scale. Obviously, RTO increases costs for employees (parking, gas, additional child care, loss of time because of the commute, the list goes on). But we’ve also lost our personal day out of nowhere, HSA wellness contributions have gone down significantly, and rumor has it that bonuses will leave a lot to be desired. All in one year. This company is ran by CLOWNS. I encourage everyone to use every second of every occasional absense day in 2026. Don’t work a minute past 5pm. Don’t even think about logging in on the weekend. They take, take, take and only give back to the C Suite. Don’t give them anything more than the bare minimum, because PNC sure isn’t going to give you anything.

Blue Cross Blue Shield of Arizona has had layoffs as of early January 2026 and cut benefits to current employees.

Recently had my prescription refilled at CVS. Price was double that of my December refill. Pharmacist said probably due to starting COBRA in January. FYI.

So hearing the severance situation is at least 2 months garden pay, possibly another 8 weeks on top of that and 2x weeks for each year of service; at least from two other threads on here. Has anyone heard of the ability to negotiate for more pay and/or at least getting health benefit as longer (or a COBRA payment for say, 6 months)?

It looks like we have lost our full year's vacation if xerox sells or breaks up the company. We are not garenteed anything past the day there is a reorganization.

Is this how it is or can someone clarify?

Long story short, I left AIG for more $ and to expand on my insurance knowledge with different lines. AIG actually has the best PTO benefits out there the pay raises su-ked from my experience. I am looking to come back to AIG. What is the chances I would be hired back being a former employee and fully remote like it used to be?

Bonjour les amis.

Ever since the original post on 12/3 and the news attention that followed, there has been an influx of bad faith posters (executive leadership) on every subsequent post addressing the RTO situation. I wanted to take this opportunity to organize and present my fellow employees with some facts about PNC, its leadership, and the financial aspects of this move.

It is no secret that many large corporations have been enforcing RTO mandates as a "soft layoff," hoping that these no-exception policies reduce enough headcount to avoid the potential bad press of an actual RIF. With PNC specifically, there are some additional financial benefits they are kind enough to pass the cost off to you!

Out of the 55,000 people employed by PNC, 11,000 are local to Pittsburgh and its surrounding areas.

They own a large chunk of downtown Pittsburgh between Tower, One PNC, Two PNC, Three PNC (like a Dr. Seuss book of tax evasion!), and Firstside.

Additionally, they own many of the parking garages, which cost nearly $20/day or $180/month, and the food courts ($10 salads, yay!). PNC also receives a kickback due to its role as the primary bank of nearly every business in the area.

Simply put, there is a direct financial incentive for PNC to enforce an RTO mandate on all employees in the Pittsburgh region.

I mean, can you blame them? With the economy the way it is, they must be taking such a loss just supporting our poor souls.

In 2022, total revenue was $20.64 billion; $20.75 billion in 2023; and $20.77 billion in 2024– a 10.77% jump in Q4 of last year alone. Any "loss of productivity due to remote work" is a classroom rumor rather than anything based in fact.

Let's take a look at employee experience. We see a stagnant wage growth with 1-3.5% raises and pitiful bonuses, leaving us poorer year after year as we watch cost of living costs skyrocket; additional stipulations being put on employees to reduce rising through TSR levels; terrible health insurance that costs more out of pocket than any job I have worked in my life for the lowest high-deductible plan; and a worse 401k match and retirement plan than any other bank.

How are our fearless leaders doing? Well, in 2024 (public information disclosed by PNC filings)

William S. Demchak - 23.7 Million

Chairman and Chief Executive Officer

Robert Q. Reilly - 6.8 Million

Exec. VP and Chief Financial Officer

E. William Parsley, III - 7.8 Million

Exec. VP and Chief Operating Officer

Deborah Guild, Exec. - 5.4 Million

VP and Head of Technology

Alexander E. C. Overstrom - 5.3 Million dollars

Exec. VP and Head of Retail Banking

As you can see, they are also struggling to get by.

The question is posed: What is there to be done? Do we just shore up our resumes and start applying elsewhere?

If that is an option for you and it leads to a better life, absolutely. But for those of us that can't nor want to give PNC the satisfaction of a successful soft layoff to compliment their acquisition of First Bank, there is a better way.

Unionization is the only way we will ever take back any control over how this org treats us. Complaints to management fall on deaf ears because at a certain level those complaints will always be drowned out by another multi-million dollar stock option. HR is there to protect the company, not you. They will not give a damn about your life situation or even doctor-recommended accommodation to continue your WFH lifestyle.

Management is getting scared; they are avidly searching for people interacting with this site or posting about the RTO policy online. While you should protect yourself, remind yourself that this fear stems from the effectiveness of unions and the bargaining power that can be gained from a collective.

Don't suffer alone. Don’t fade off quietly as you watch what you have claimed back for yourself and your loved ones be su-ked away by a pointless commute. You do not live to work for these people. You work to live your life. The conversations that have taken place online over the last 2 months have gotten the attention of union organizers for Better Banks.

Copied from an earlier post:

"https://www.thelayoff.com/p/@1f9+1kbjhrba6
Comment: 1f9+1kbjhrba6"

Even for those that do not care about this mandate, I urge you to join your peers and take back the profit of your labor. You have nothing to lose but your chains.

Unionize now, solidarity forever.

As an employee....My medical insurance is more expensive and my prescriptions dr-gs cost much more now in 2026....I am barely getting by now this.....I guess they had to figure out a way to pay Hans and the executives on the backs of the workers....the money has to come from somewhere....now I know why people say eat the rich....so unfair...the rich always get richer at the expense of the average person just trying to get by.

What's the pay at SVP level? 60 day notice + 10 or 12 weeks pay?Do they pay for any carry over vacation + accrued vacation for the year?

Has anyone heard of benefits dept being offshored? I’ve seen 2 posts on linkedin since yesterday from people on benefits team looking for next opportunity.

It was difficult enough to figure out when I worked for VZ how getting the promotional 'free' new devices worked, but they are definitely not free and I've been paying what I was subsequently told was a discounted rate for them. Glad I get 50% off my mobile bill because I'm still paying $200/mo.

If I were to switch carriers now, I'm sort of assuming I would be handled like a non-employee customer and my entire device balance becomes due? I couldn't get a clear answer out of customer service today as to how much I would owe which is my typical experience with them. I looked through all 8 zillion severance docs and couldn't find any mention of this.

Wonder if TMOB is still offering to pay off devices. I mean I like my VZ service especially for international travel, but I don't like the $200/mo bill now that I'm unemployed. I also don't know if this would get rid of all the plans like $5 Neflix or if that's tied to my FiOS account. We sure don't make things easy or transparent for our customers. Well, ex-we.... I need to stop thinking like I still work there. After so long, it's hard to switch off that way of thinking.

As a single person still working but looking to retire in the next year or two. Can I please get some feedback on what you’re paying for Cobra for 1 person
Thank you

Was in the office today. Oh how life has changed. The offices used to be inspirational and loved way people connected. Now the atmosphere is very negative and all the benefits of cafe are gone.. anyone feel the same way?

Im 2 years away from the magic number 75=years of service + age min 50. Is it worth it to stay at VZ if you have a good opportunity offer with another company?

Will these benefits even be around in the future? Ill be 51 in two years theres no way i can stay here much longer. I heard the pension maxes out at 30 years service.

For anyone heading out of HPE or already gone, what pushed you to leave? Was it low pay, shaky job security, benefits, or something else? There are a lot of different frustrations building up, it'd be nice to know which one is in the lead.

For anyone willing to share, what do you all pay for your coverage? I'm curious about the range for different situations like people with employer plans, retirees, or folks on private insurance. It would be really helpful to hear some real numbers to understand what's typical.

You don’t use to forfeit this money. I believe you can still use the FSA while on COBRA

For a lot of workers, unemployment benefits are the safety net that keeps them going after a layoff. But moments like this reveal how complicated the system can be. People trying to find their next job shouldn’t be stressing over forms, yet thousands of Californians on unemployment have to report all earnings every single month.

https://timesofsandiego.com/opinion/2026/01/09/when-layoffs-hit-californians-deserve-help-that-works-hard/

Anyone else having problems accessing the new prescription benefit, Rightway? Account has been deactivated. I called Rightway and was told their not sure why it's either an error, employee not eligible, or termination. This benefit just started 1/1/26

So, if you are offered VRP and decline it, and then get laid off anyway, is the only difference COBRA coverage? Do you still get 2 weeks per year of service? Are there any other differences or perqs to VRP?
TIA!

For those laid off in October, does anyone know when Target will send instructions for cobra and life insurance? Wouldn’t anll benefits expire this weekend?

So, after logging into EAP (Spring Health), a big splash screen said my EAP would end 2/4/26. Well, excuse me, but the FAQ say EAP ends at the end of the benefit period, which for me/mine is 7/31/26. After calling them and confirming the date THEY say, I am currently "battling" with EAP and providing said screen shots, severance period, etc. Has anyone else encountered this? On another note, I did receive the Cobra package yesterday, and it does appear the coverage ended on 12/31, but if you look on the back of the 1st page, you should find YOUR end date. I saw an earlier post with some ppl freaking out. (I need some counseling DA---T!! :-) )

Rumor has it that with the merger, Catalyst will be reevaluating how they determine Mto. I can say for myself if they pull a stunt like they did two years ago (which they reversed after the uproar), I am leaving. After more than twenty years, the only reason I am still there is because of my six weeks paid time off.

According to a letter I got today from Vz, my health coverage official end date was 12/31/25. Directed me to enroll in COBRA or sign up for marketplace insurance (Obamacare). Obviously this was a major sc--w up by corp but it will wreck any claims for care received after 1/1/26.

These clowns can’t even execute a RIF correctly.

What the title says - I've managed to find a new job and will be leaving next month. Will I still receive my 2025 401k match?

Apparently we still need to "sign up" for the Verizon paid COBRA insurance during our severance period.

Medical, Dental, and Vision for you and dependents are $0.
There are additional charges for things like extra life insurance, which you can change (decline).

We have until 3/5/26 to sign up for the Verizon paid COBRA insurance during our severance period, BUT you must still sign up, its not automatic (which was not made very clear by HR...another fail from Verizon in regards to this RIF)

I did mine today, says the Total Annual Cost $0.00.
I printed the sheet in case there is any discrepancy and to cover my a-s!

Sending out an email on Dec 22nd that requires action by Dec 31st that impacts your compensation is a communication miss that should result in your immediate termination.

I was rif'd on Dec 19 and Verizon mistakenly cancelled my insurance as of Jan 1. Anyone else have problems with their insurance coverage? They had to submit paper work to reinstate my insurance. I was on hold to get through to Verizon Benefits Center for almost an hour.

so the 2026 benefits book is now available and as expected, nothing has changed in terms of severance benefits, still 8 weeks up to 4 years of service then 2 weeks per year of service until it maxed out at 52 weeks for 26+ years.

They can throw any attrition combo at me, but I’m not leaving on my own. Let them sweat trying to get rid of me, or anyone else for that matter, and when it’s over, I’ll take my severance and all benefits. I haven’t busted my back here for years to walk away empty-handed. If the company hasn’t appreciated us, we can damn well appreciate ourselves.