#severance

Is it paid out with severance or separately? Actually, is it paid out al all?

I am out of town, I have been monitoring my mails (using USPS informed delivery). I have not received any mail. I did not see anything on ADP either. Please share if you have already received severance pay. It will be so helpful!

What does that look like? Can you volunteer to be on it? Can you get unemployment afterwards?

They will be announced on December of this year.

Similar to SSW, IDT will cut down to 40% of current staff. The focus will be on the US and UK hubs.

90 days to apply for new roles. 2 weeks pay per year for severance.

Does anybody else have more information?

Those who are in Texas and took the VSP, you ARE eligible for unemployment! I already spoke to my lawyer and I have a friend who is in Texas that was able to take it.
It is a lump sum and not spread out so we ARE eligible. Just wait until you sign the agreement first though. My lawyer said even if you request unemployment and have not signed they will just possibly deny it but you can reapply.
Just check with the Unemployment commission and double check for yourself and it would not hurt to go ahead and have a lawyer on standby just in case you wind up needing one. With all this craziness going on you never know.

A friend got laid off and is getting severance package, almost the same as my VSP. She also gets to file for unemployment, but VSP people don’t? I’m confused. Anyone have info on this?

Can you please share what is the ISP severance package?

anyone have experience working with an attorney to negotiate your severance package? trying to see if this is worth my while. also leadership is threatening not to allow me to use my vacation time during the last two weeks, even though the language in the severance paperwork is vague and says vacation/sick cannot "typically" be used during your last 2 wks..work with your PL if "unique" situation. Thanks all. I am so ready to be done with this mindf*ck of a place.

Please?

Do we get a bonus for this year in severance (YTD only)

I haven't seen anyone cite the Federal WARN Act in their posts or responses; with this being a layoff of more than 50 people, would the WARN Act not apply in this situation? If so, they would need to provide 60 days notice, or at least the equivalent in pay/severance. At least that's what I thought. Is my understanding incorrect?

Just got my isp package it’s it way less than the vsp offer I got. Anyone else get the same? I’m contacting a lawyer

CSX has eliminated 166 management positions, representing about 5% of its management workforce. This action is part of the company's ongoing strategy to improve business performance and align resources. The company is providing severance packages and transition services to affected employees. This follows a similar round of layoffs in July 2025. CSX employs approximately 23,000 people nationwide.

Jacksonville, Florida

https://www.news4jax.com/news/local/2026/01/07/csx-cuts-more-than-160-management-jobs-to-streamline-operations/

If you aren’t relocating, did they term you? I was asked to fill out the form and the only option was voluntary resignation. If they term you would you qualify for unemployment? For the CIP?
It’s hard to interpret the plan documents.

Just like the title says. voluntary layoff emails to severance and leaving the company are going out. Anyone hear of this?

In the US (for ExxonMobil), the PIL option seems to be three months.
Is it the same for Imperial (Canada) or do they have to offer more, especially if you have 20 or 30 years service?

General Motors has laid off approximately 500 to 600 employees, primarily in information technology roles. The terminations occurred after employees received an unexpected virtual meeting invitation. Artificial intelligence played a role in the decision, though it was not the sole factor. Affected employees are being offered severance packages and outplacement services. Despite these cuts, GM continues to hire for IT positions, including those focused on AI.

Detroit, Michigan

https://www.cnbc.com/2026/05/12/gm-layoffs-ai-severance.html

Anyone receive a Fidelity special tax notice in the mail stating that your job changed last month? Did Centene notify fidelity before telling us that we are getting laid off? The letter came with a packet labeled SPD

Monterey Mushrooms has seen significant workforce reductions since its acquisition by Paine Schwartz. Over 1,000 employees have been laid off across multiple facilities. These closures have impacted operations in Florida, Illinois, and California. The company cited various reasons including aging infrastructure and increased costs. Negotiations are ongoing regarding severance and benefits for affected workers.

https://pestakeholder.org/news/paine-schwartz-owned-monterey-mushrooms-layoffs-top-1000/

Weeks after its acquisition by Alden Global Capital, the Daily Herald has begun implementing layoffs. Several editorial department employees, including the executive editor, received termination notices. These cuts are reportedly a cost-cutting measure by the new ownership. The affected employees were offered severance packages. It remains unclear if further staff reductions are planned.

Arlington Heights, Illinois

https://www.shawlocal.com/news/2026/08/10/layoffs-begin-at-daily-herald-weeks-after-purchase-by-chicago-tribune-owners-alden/

Centene corp pulled a bait and swith with those that applied and VSP accepted. Majority of separation dates are set for next year 2027. When applying separation date was set on or around September 1st. Now that we applied we cannot cancel and face possible lay off, leave on our own or worse fired without the enhanced benefits. Centene trying to save as much cash as possible. Any one else who applied feel the bait and switch??

Hearing rumblings that while there maybe the usual EISP this year it may not be like some say.Its sounding more and more like it’s not going to be across the board for anyone everyone to take.Its sounding more like a limited one for associates.One reason seems to be some departments groups are so small already!!Another reason is they just have little interest in giving extra money away when they know most are on the short list already in years left.Some of it is also sounding like is union wise for good reason want to the company to declare too many surplus groups because there is not a lot of faith they will get as many takers with gatt rates and medical cost up leaving the door for forced adjustment and layoffs.

Will be receiving documentation regarding severance info, job assistance, end of benefits information in the mail in about 2 days.
Normal procedure, nothing new here.

Please! We are all worried and stressed share what you know! What states? What departments? Any severance? What date are you leaving? You are already here typing so help us all out!

Thank you!!

I’m so sorry that we are all going through such an anxious time right now. I wasn’t eligible for the VSP and am almost certain to be RIF’d — so please know I understand the fear and anxiety. I hope everyone impacted ends up better than they were before.

I was wondering if anyone who has been RIF’d today can share whether or not they were offered any kind of severance?

Still waiting to receive the severance pay! No response or notification from anyone. If you got paid, was it direct deposited or received a check?

Another anxious week to push through knowing the managers and uppers are not going to stand up for us and for what is right! The 9/4 folks are so lucky!
Take your well deserved severance and run!
I feel like we are living in a big nightmare.
Good luck to everyone!

I heard that the standard severance package at State Street is 2 weeks for every year of service, with a 10-week minimum. However, I'm wondering whether this severance package is offered on top of the 2-month period between the notification date and the termination date (i.e., 2 months on payroll without active work), or whether it's offered instead of those 2 months on payroll.

Management employee. I declined the move to Charlotte. Found a new job but need the ATT severance. The original letter states my end date is up to the discretion of my leadership. My boss is new and his boss as well. Been waiting on answers since May. Anyone have a suggestion for how I can self volunteer for surplus ? ..is that even the correct terminology?

Is severance paid in one lump sum? Or is it like a paycheck every other week? Ty

We all know an impending rebadge is coming. Chances are VZ will consider those that refuse it as effectively resigning, which means no severance and no unemployment.

I'm not a lawyer, but a rebadge could also be interpreted as "your job is now at Deloitte/Infosys/HLC". That means the VZ job no longer exists. If the rebadge is declined, it could be an involuntary separation with severance and unemployment.

I'm guessing VZ would think twice should there be a lawsuit threat.

During the 2008 VSP / Infosys rebadge, VZ wasn't offering the extended severance to those eligible for retirement but relented when enough people complained. It's not the same thing and times have changed, but nothing will happen if the affected people don't push back.

Note: what happened with Daniel's "the transformation is going to be hard work, but when you look back you'll be very proud of it"? I guess the rebadge wasn't in the cards back then.

If you were laid off from Oracle in Ontario during the recent rounds: does anyone have recommendations for a good employment lawyer?

I’ve heard former colleagues are getting lowballed on their packages, so I want to get a professional review before signing anything.

Oracle is brutal -> I know a IC who just got laid off from Dell with 20+ years was offered 55 weeks and is still negotiating more with a lawyer, so I suspect there's room to push back.

Juicy detail. He said ppl in the same department, laid off, not fired, on the same Tuesday and not everyone gets severance. Some have no package. PCG/WBS.

HPE: “We will treat all those transitions with the highest level of care and compassion.”
Translation:
We lead with empathy and compassion…
just kidding.
We ghost you, then act like you’re the one who did something wrong.
Nothing says “highest level of care” like a sudden calendar invite titled “Quick Sync” followed by radio silence and a severance PDF.
Anyone else getting the classic HPE special?

So when will know when the 1st lay off will occur it’s August 7th? I need a report let’s talk about it!

I received a severance package and am being let go end of 1st quarter next year
with my role going to FBT in Hungary. It will be less than 30 days before my 50th birthday. I have a few decades of service with BP. I have heard of this happening to others before. Any chance of negotiating or seeking out legal advice? Would it be worth it? Curious if anyone has heard of this. I may beg for a short extension.

I think this has probably already been answered but what would happen if you don't sign the papers? Like I thought my VSP would get denied not pushed out a year if my position wasn't going to be laid off. If I don't sign is my last day still my last day?

WCiBO call today discussed why we are now USBank India . Reasoning was because all the other banks are offshoring, we are now a global company and we need workers across the globe to serve our global customers. Also said required to have employees in India for regulatory reasons.

Did I miss anything else?

Like Susan Collin’s, I am concerned, especially with talk about helping us find another job and severance.

Oh well, at least we get severance

Four chiefs departed from the floor,
With heavy gold bags by the door.
They left the blue stock on the slope,
And took the cash, and ki-led the hope.

Lou Gerstner set the grand design,
He took one hundred eighty-nine.
A million dollars stacked so high,
For saying his last brief goodbye.

Sam Palmisano walked the line,
And took two hundred seventy-one.
A massive fortune in his hand,
As he walked off to golden land.

Ginni Rometty claimed her share,
With twenty million waiting there.
The revenue was shrinking fast,
But her great payout chose to last.

Arvind Krishna joined them there,
With thirty-eight to clear the air.
His package jumped by fifty-one,
While workers watched what he had done.

Big payouts signed in leather chairs,
While workers cut off vital cares.
The stock may sink, the profits slide,
But severance grows both deep and wide.