Thread regarding Macy's Inc. layoffs

Has anyone seen their severance package yet ?

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Post ID: @OP+15DcPcfH

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Received my severance letter after 9pm. EST.
The full severance paperwork will.be sent to you no later than July 15.
Severance pay covers 1 full cycle year of service. For example if you are turning 13 years in a few months, they will only pay you 12 years. You will see the gross $$ amount. Then you know that taxes will.be deducted to it. If you are in NY its 10% federal and 2.5% state taxes.
There is no breakdown of the unused PTO. Maybe itnwill.be broken down on the full document.
Make sure that you have your personal email listed on your Insite personal information page.
Good luck to all!

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Post ID: @1clm+15DcPcfH

Where on insite and how many weeks???

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Post ID: @sfq+15DcPcfH

Check your insite. Mine is on there.

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Post ID: @mny+15DcPcfH

Haven't actually seen it. I was told 1 week for every year

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Post ID: @gce+15DcPcfH

Nope still no message about it

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Post ID: @bjy+15DcPcfH

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