#severance

Any idea what the offer is for these countries? I am curious whether a lot of my colleagues will take it or not.

Are they going to give a standard severance if you are laid off?

I’ve heard every Rumor let’s hear yours.

Hundreds of employees were laid off by a tech company located in the Bay Area. Concurrently, the CEO of this unnamed company received a substantial $3.5 million severance payment. The timing of the executive's payout alongside the significant job cuts has drawn attention. This situation involved a technology firm operating within the broader Bay Area region. The specific name of the affected company was not mentioned in the provided headline.

https://www.sfgate.com/tech/article/workday-severance-layoffs-21346064.php

Is it weird that I'd like to be laid off? I am burnt out and was thinking of quitting anyway.
What can I do to get laid off while they still offer severance?

Does anyone know what is the policy for Severance pay in Texas and if/how it is tied to the number of years of employment?

Thanks

What happened to Crown continuing coverage throughout the severance period? I just filled out the continuation form and Crown is paying $38 and I am paying $2000 per month. This is my 3rd lay off in 25 years in the industry, its never been done with less respect and support than what Crown has shown. I will be surprised if the severance really shows up and I have no faith in the bonus actually being paid out. What do you expect from a company that allows unlimited drinks on the cooperate card?

https://www.healthcarefinancenews.com/news/cigna-cut-2000-jobs

Cigna plans to reduce its global workforce by approximately 2,000 positions, representing less than 3% of its workforce.

The layoffs will occur by the end of February.

A spokesperson for The Cigna Group said by statement: "As we drive greater efficiency across our business, we have made the difficult decision to reduce roles in our workforce. This decision was made with deliberate care and focus, and we are providing a package that includes a variety of transition services for impacted colleagues."

Cigna did not give specifics on which jobs or departments would be impacted.

The news coincides with Cigna’s Q4 and full-year 2025 earnings release in which the managed care company reported better-than-expected results for the quarter but set its full-year earnings guidance below expectations.

During the earnings call, President, CEO and Chairman David Cordani announced the settlement of a lawsuit with the Federal Trade Commission over Express Scripts' insulin pricing.

eom

Everyone should know what the severance package looks like for their grade level and years of service, as published in Sparq. For non-managers, you may be surprised by how few weeks are paid out. The severance package is unlikely to carry you until you find a new job. Use your floating holiday early in the year before using any PTO.

I'm not going to be surprised if in the future that's no longer an option. After all, it's not mandated by law, so I can definitely see this leadership deciding it's no longer "in the company's best interest" to keep paying it.

If you have confirmed information, please share it. Otherwise, we're just feeding the anxiety, and we're all stressed enough as it is.

Instead of having tons of messages, let’s do this:

• Position

• Department

• Years of Service

• Severance Offered

Why are there so many rumors about reduced packages, or people not getting one at all? I haven't heard anything concrete. Is this just conjecture, or is there a real change coming?

The macro labor market is weak with lots of retailers going out of business (experienced managers looking for jobs would take half of what I make).

Who else is ready for severance vs just coasting and taking the 25 pto +6 holiday=31 paid days off per year, profit sharing match, and bonus?

Imagine getting the top paid MGRs off the books now before the next fiscal year starts.

Create a new position that changes the store manager title and pay...Forcing this change.

The HR data shows store manager vacancy and turnover is already horrendous, so clearly the current system isn't working.

WOW, private equity would make so much profit!

Has anyone anyone else heard rumblings that the severance package for the next round of RIFs is going to be reduced?

The K-12 health care startup Hazel Health has laid off 135 people, about half of whom are clinicians. This is the second round of layoffs announced at the company in the past four months.

https://bhbusiness.com/2026/02/06/hazel-health-cuts-135-employees-second-layoff-announced-in-4-months/

On February 9, 2026, Forrester Research announced a workforce reduction of about 8% across geographies and functions, following notifications that began on December 15, 2025 and are slated to conclude by July 31, 2026. The company expects pre-tax expenses of roughly $10 million to $10.5 million in the fourth quarter of 2025 and the first three quarters of 2026, primarily for cash severance and employee benefit costs tied to these layoffs.

https://www.tipranks.com/news/company-announcements/forrester-research-announces-workforce-reduction-and-restructuring-plan

Panera Bread is closing its bakery facility located in Franklin. This action will result in the termination of 92 employees. The company is shifting its operating model to use third-party bakers. Panera staff will then finish the baked goods in-house. All affected workers will receive severance packages and job search assistance.

https://wbjournal.com/article/panera-bread-to-close-franklin-facility-lay-off-92-employees/

Anyone impacted by Dec 2025 layoffs still waiting to hear from HR? This is getting ridiculous at this point. No official notice if layoff (just the verbal convo with manager) - no severance notice, no box for laptop.

What’s going to happen to the Imperial Staff at Norman Wells after its closure later this year ?

I assume they were accounted for in the Sept decision a slated for a severance ???

I heard the money was good up there, su-ks for all affected.

Current Severence policy not accessible online! Can someone else check? Policy might be changing...

Right way to lay off: SAS - notice and generous compensation
Wrong way to lay off: WP - no advance notice, no compensation, employees left stranded in war zones

https://www.youtube.com/shorts/sPgnh4U6Oj8

Those who were impacted at the end of January, take the money and run as far away as possible from this place!!! A lot of non member contact employees are going to be doing the work of 3 people once this reorg is complete. Like the agile transformation 3 years ago and the massive failure that was, does anyone think this reorg will be any different.

Wouldn't it be smarter to wait for severance?

My team is half the size it was last year but the output expected from us is exactly the same. I'm overwhelmed every single day trying to cover the gaps. Getting a package to leave is starting to seem like a better deal than this grind.

I know a few folks who were recently fired for ridiculous things. That's been my biggest fear lately. Being laid off at least leaves us with some kind of a safety net. I'm not trying to minimize the impact of what's coming, just saying that sadly, it's no longer the worst possible option.

I'd take a buyout in a heartbeat if they offered it to my department. I'm wondering if expressing interest early helps your chances. Does anyone have direct experience with volunteering to be included in the reductions?

Layoff sometimes gets you out of bad environment what doesn’t work for you or the employer for various reasons. Regardless whether layoffs will transform Walgreens or not depends on who they keep and who they layoff. Some time it may seem like easiest thing for the decision maker to do is ask the management but what if poor management is what is hindering the company from making progress. Anyway, the best thing to do right now is wait for the changes. Recheck if you see light at the end of the tunnel after they make changes if you are still there. If you don’t like the changes and you did not get picked for layoff with severance package you hoped for then you should look for new job so you can make your life better. With that, the ball is in their court to take proper steps including re-organization, office that works for all, right person in right role etc.

Staying positive and hoping for the best is all you can do. Hope you all have a great weekend now. Don’t pay attention to all the chats and catch a great movie tonight or watch the Superball. But come back brave tomorrow.

As long as I'm given decent severance, I'll happily leave this place behind. I don't see anything positive in Oracle's future, at least when it comes to employees, so getting out sooner rather than later would be a win in my book. Again, as long as I get paid to leave.

Anyone else just wants a package at this point? I rather take the money. Leave this place and search for a new job with a long paid break. I think they purposely don’t pay us enough to make enough to save and leave.

Taking into account the company's cash position, have you considered the possibility that you may not even get a severance?

One interesting use case for AI is to analyze all merger of equal transactions, notably WPX and Coterra with Devon. ChatGPT seems to think there is a possible claim to be made that Devon employees should be entitled to change of control severance since WPX and Coterra employees were also entitled to COC. I’m not saying Devon employees who are severed should pursue legal action, but they should consider writing their legal documents differently.

Given how much Devon’s presence means to okc you’d think they’d treat their employees better. There’s also probably some TIF clawback provisions okc could go after if someone from the news wanted to run with this.

I have been waiting for the doc more than 3 weeks since I was informed on the RIF in mid-January. I am not sure why it takes so long to send the standard Docu sign via email on the separation. I just want to make sure I am not the only one. Did anybody receive the separation agreement?

Has anything changed?

On July 31, 2025, I was contacted by my manager’s manager via Microsoft Teams for a brief meeting late in the day. During that conversation, I was informed of a workforce reduction and the company followed its standard separation process. Immediately after the call, I returned my company laptop to a colleague and my system access was concluded.

On August 7, 2025, a representative from Human Resources formally reached out to review the details of the separation, benefits, and transition process.

My official last working day with the company was November 19, 2025.

On December 2, 2025, I received my final paycheck, which included payment for all accrued and unused vacation time.

Finally, on February 7, 2026, the company issued my severance payment in accordance with the separation agreement.

How does it go down at this company? Who tells you are being let go? Do you get a random call or is a meeting scheduled? What is typical package? How quickly are you asked to leave the office? Suggestions on how to respond when it happens?

Anybody know how to get offered the severance package if you were moved to another team? I got moved to a new department without any say in it, and I'd rather have the severance instead.

Q1 employees got there notice there last day is the 10 of February. Severance packages 1 week of pay for every year. Facility is closing and moving to Fort Worth.