#voluntarydeparture

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VTP is coming!

Voluntary Termination Pay for Leg T craft is soon coming! That's up to 104 weeks pay for workers with 31 years and over. The company has decided it's cheaper to get rid of old timers via VTP than to continue keeping them on their payroll. Workers know that they'll eventually get it so very few are leaving. Most maintain the understandably simple view: "I ain't leaving till they pay me to leave!" They also know and see how the company is trying to make it so difficult with hopes they just quit and retire. But most are not leaving, and they know the company cannot easily fire them. In fact most do the minimal amount of work they can get away with without getting fired and they take advantage of all the many ways to take paid days off work knowing that their life outside of work is so very much more important as the company grows more and more meaningless.


corporate greed at it’s finest

I’m really regretting my decision not to take the voluntary early retirement because I feel like the inevitable is going to come anyway. I put my heart and soul into this company for over 20 years, and it feels like a punch in the gut that we are so disposable. I hope someone speaks up during tomorrow’s open mic meeting to ask the question that is on everyone’s mind. How do the corporate executives feel good about taking multimillion dollar bonuses and raises every year while the real workers that helped to make Cigna the corporate giant that it is today suffer. They should be ashamed. I have to wonder what would happen if everyone remaining banded together and refused to report to work for just one week, it would cripple them. They are too arrogant and greedy to see that we are the ones that make this company work.


My exit could save a job

Since I'm leaving next month regardless (which nobody needs to know yet, of course), I'd gladly take the layoff package if it meant preventing a cut for a coworker who depends on this income. The management should offer a voluntary option, especially since I'm sure I'm not the only one who'd gladly take it.


Hoping no layoffs coming!!!

Layoffs are not going to come after so many people voluntarily leaving. It is good as it won’t affect people in bad way. It is better to go find a job that pays a bit less instead of getting a layoff.

If they offered, 5K pay cut for working from home 100% remote. I would totally take it. Why burn gas or waste time. It will save me time and save company money. I hope they consider that option

5k x4000 employees = 20million in savings/year. In 10 years, 200 million savings.


Telefonica's Voluntary Job Cuts: A Strategic Move Amid Economic Pressures

Spain's Telefonica plans to cut over 4,500 jobs voluntarily across its operations, following union negotiations. The reductions include positions in its Spanish and global units, and subscription TV service Movistar+. This strategy aims to manage costs amid slow growth in the European telecom sector.

https://www.devdiscourse.com/article/science-environment/3733431-telefonicas-voluntary-job-cuts-a-strategic-move-amid-economic-pressures


Move to HUB or leave with no severance?

I heard a rumor that sometime next year USB will begin telling remote employees to move to a hub or they will be considered voluntarily quitting - so no severance. Don’t think this could realisticall happen all at once so I imagine it would be phased. Anyone know if this is true? I’m in a weird situation where my entire family works remotely for USB. They closed our hub so this would be devastating.


Volunteers

I just wish they would let people volunteer to be let go with severance. I’ve been at TMO (Lvl 7 in a headquarters role) for 10 years. There are very limited opportunities to change roles and even fewer opportunities for advancement. At this point, I’m ready to cut my losses and try something different as I don’t want to be miserable the rest of my working life or worse, be let go when I’m older when the chances of retooling or finding something else will be more challenging. At this point, regardless if I’m an active employee or not, my attention will be spent finding alternative options.


Voluntary Departures

Year end is approaching, 5 day RTO mandates are looming, and some of the most experienced, high-impact members of our team are choosing to leave for roles elsewhere. Not lazy, quiet contributors bootlickers were most concerning about committing "fraud. But, the people who have held this division together for years, and have constantly pushed the company forward. Turns out, when people know their worth, they look for companies that know it too.


Too much work, too few people

Our manager talks about work/life balance, but cuts and voluntary departures mean the workload just keeps growing. Its becoming exhausting and nobody seems to care. I don't know how the rest of you are dealing with it, but I'm this close to walking away, and I don't even have anything lined up.


Staying here was a mistake, is it too late to EOI?

I’m going to leave next year regardless once my CIP hits. Is there a way to EOI so I get severance? What if I just stop working? Will I get severance for involuntary termination? Between a prorated CIP, Cobra, and severance it could be worth over 100k for me to do this vs. leaving voluntarily.


The Ellison clan is spreading their magic. :)

LE's son's acorn didn't fall far from the tree:

https://www.msn.com/en-us/money/companies/600-paramount-skydance-employees-quit-instead-of-returning-to-the-office-and-it-cost-the-company-185-million-filings-show/ar-AA1QeuAq?uxmode=ruby&ocid=edgdhpruby&pc=DCTS&cvid=691415c2ca144a0197f8d3c562227e9a&ei=9

I wonder if LE is more interested in this industry more than high-tech.
The circus continues.


I'd be happy to volunteer

I haven’t been happy here for the last few years. This isn’t the same company I joined, and I’ve got no loyalty left. If they want to pay me to leave, I’ll take it. I’m not thrilled about having to job hunt again, but I’m sure I’d be able to land somewhere better soon enough.


VSP’s are coming for retail

They will be reducing the corporate retail store footprint. Some stores will be converting to indirects. With that being said they will be offering Voluntary VSP’s and then eventually layoffs with severence packages. 100% accurate info. Announcements coming November 19th/20th


We Could Have Done the Same Thing

ConocoPhillips is in the process of executing a huge layoff.
One thing they’re doing is offering Expressions of Interest for those employees interested in leaving voluntarily. This will give a number of employees the chance to stay that otherwise would have been laid off.
P66 could have done the same thing but that wouldn’t have caused near as much heartache.


RIF's

All managers of sites concerned have been told to make a list. Voluntary RIF Notifications to go around the end of November to early December with terminations taking place by mid to end of January. like before people will be given the option to voluntarily apply. The candidates will be chosen by the end of December and people will be notified the beginning of January


Hormel Foods Announces Corporate Restructuring, 250 Office Layoffs

Hormel Foods Corp. is undertaking a corporate restructuring that should result in the reduction of approximately 250 corporate and sales positions, hopefully through a voluntary early retirement program.

https://www.foodprocessing.com/business-of-food-beverage/news/55327956/hormel-foods-announces-corporate-restructuring-250-office-layoffs


They want us to quit

I’ve said it before, and I’ll say it again. The goal is to get many of us to the point where we can’t take the stress anymore and walk out on our own. That saves them money on severance. That’s why they’ll drag this out into several rounds. That’s why the culture keeps getting more toxic by the day. They want us gone, and they don’t want to pay us to leave.


A Thoughtful Approach to Workforce Reductions

When organizations face the difficult decision of reducing headcount, it’s important to balance business needs with employee well-being. Instead of removing people randomly, one approach could be to create a “wishlist” where employees can voluntarily express interest in leaving.

This method allows:
• Employees who are ready for their next chapter to exit with dignity.
• Critical roles and talent to be retained for business continuity.
• The process to feel more transparent and humane, reducing uncertainty and anxiety.

Such an approach acknowledges that some team members may already be considering new opportunities, while others are deeply committed to staying. By aligning both organizational and individual needs, Dell can manage necessary changes with empathy and fairness.