The announcement went out today. Voluntary Offer for Corporate Finance Managers, level 1 and 2. Off payroll by March 11. Up to 6 months of pay, depending on years of service.
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I personally would love an offer at the end of this year. Off the payroll on 12/26. I think there are many that would go at this time.
Finance L3 and 4’s had a MVO very late in 2019. Doesn’t appear there were many volunteers.
Any rumors about L3+? They can't just keep cutting L1L2 without some reduction in L3+. I assume most of corporate finance is in Dallas, NJ, Atlanta, and Seattle.
The MVO was made to 2,000 L1 and L2s. As the in the past, when asked for a target number of percent, there wasn’t an answer. When asked if there would be an involuntary separation after the MVO there wasn’t an answer. I’ve heard no talk of anyone volunteering.
Get familiar with this terms: if you don't know what they are, you will be obsolete in 2020.
It needs to go further!