#voluntaryseparation

Posts mentioning hashtag #voluntaryseparation

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VSP Separation Dates A Year From Now

With some many people getting dates a year or more from now (way past the original September 2026 date) it seems pretty obvious they are hoping people just quit. This will save them money in the long run not having to pay out lump sums.

Such a slap in the face and a sh-tshow.


Tech Giants Explore Buyouts as Layoff Alternative

Big Tech companies are increasingly considering voluntary buyouts as a more humane approach to workforce reductions. Google employees are advocating for these offers to be a standard first step before layoffs. Microsoft has already implemented a voluntary retirement program with significant uptake. While buyouts can be less damaging to morale, they offer less predictability than traditional layoffs. The shift reflects the growing maturity of tech companies and their aging workforces.

https://www.businessinsider.com/big-tech-considering-voluntary-buyouts-2026-7


Super Excited!

Gonna check my email first thing!
This is a once in a lifetime opportunity. I mean how many more times are we ever going to get a VSP offer if you think about it?
Take your $ you so much deserve and file unemployment (and yes I am eligible I already checked), do some side gigs for fun or get another job and grow that $. Live your life being free of enslavement at a corporation where all you are are doing is making others filthy rich. Get involved with doing things 'you' love!
Counting down the hours now ⏰


Bloomington Surplus

25 union members who are collection reps just got the vtp (voluntary termination pay) to leave the company. This is up to 104 weeks pay depending on seniority. This is only the beginning. It is expected that more will be surplussed until all union workers in Leg T are gone. Luckily for them however, they get a generous package to move on, thanks to the union negotiated contract. The payout, including money and medical, dental and vision benefits is much better than the severance pay that low level managers get. Too bad for them. Sooner or later, we'll all be laid off.


Centene People Leaders and Senior Staff: Lost bid and VSP

For those familiar with Centene’s restructuring, especially employees from health plans that have already lost a contract or bid:

  • What happened to the health plan after it lost the bid?
  • Were employees transferred to other Centene plans or departments, or were they laid off?
  • How much notice did employees receive?
  • Did leadership discourage employees from taking the VSP? ( I believe they did this indirectly to fulfill the remaining of the contract)
  • Are VSP approvals based on staffing needs, performance, tenure, position, or another factor?
  • Are major SOP and productivity changes usually a warning sign of layoffs or department consolidation?

SVP acceptance

So what happens if way too many people applied for VSP? It’s making me nervous since we received follow emails asking if we want to withdraw our application. Does that mean an overwhelming amount of people applied? If so, does that mean many people will be denied?


Cha cha changes (expect a rough ride)

BUCKLE UP -
There is no legal limit on how many times a company can alter a Voluntary Separation Program (VSP) offer before you sign it. An employer can revise, amend, or even cancel the offer entirely anytime prior to your acceptance.However, after you and the company have both signed the agreement, it becomes a binding contract. Neither party can legally change the terms post-signature unless the contract specifically includes a modification clause allowing for it, or both parties mutually agree in writing to an amendment.


Anyone Else Confused by Centene's Messaging

Does anyone else feel like Centene is shifting its narrative internally? The recent Townhall seemed to downplay the Voluntary Separation Program (VSP)—almost like it’s no big deal. Now, we receive an email suggesting we should only proceed if we genuinely want to and offering a chance to retract our acceptance. What’s going on here? I’m really confused. This adds to the uncertainty, especially with the ongoing discussions about impending layoffs and restructuring. It feels incredibly contradictory.


Centene Voluntary Separation Program – Important Context for Planning

I am in senior leadership. We are being told that there will be a 20% reduction in total headcount. This will happen in waves to minimize any single organization from feeling they are targeted. Employees who stay will be told to take on additional responsibilities. This will give a false sense of security, which will lead to other rounds of layoffs.

H-1B visa holders are not receiving the buyout offers. They will be let go in much greater numbers. Their visa is tied to the job, so once they are out they only have 60 days to find new sponsorship or leave the country. Many of them are being pushed out in these reductions.

The job market will be saturated and many companies do not hire in high numbers in Q4. For the sake of your families I highly recommend reducing your output at Centene and going full time into the job search process. There is no such thing as being safe in this. Even if you make it past the firings you’ll be given more work and no promotion. By the time the company starts to normalize, newer employees will be brought in at much higher salaries.