Nice parachute for long term employees w/ at leat 10 yrs w/ the company and over age 55 - 3 weeks pay/yr of service up to 30 yrs/90 weeks dropped into retiremet cash balance plan + a few other benefits extended. Right after that was announced, email from upper mgt indicating the belt tightening will continue. Let's hope we don't see layoffs, but it seems almost invevitable.
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What news of the fall layoffs after EROs rolled out? Many of my colleagues from the mid-80s era are out, the few that were left took the EROs - a great deal. I got RIF'd almost 4 years ago with 2 wks per YOS, kept the pension eligibility.
We got news in Lewiston that our office doors are closing As of 12/31/20 for the support staff contractors ... don’t know yet what that means for the Liberty WFH group, but it’s sad. This office has been here since 50+ years
I heard the same. I haven't seen any announcement or PR release on scope of lay off. I heard managers had no notice, some laid off and some asked to take pay cuts. A lot of consolidating departments and some odd reorgs.
They apparently laid off a lot of people today.
A bit of a realignment in claims announced today - fewer zones, broader span of control.. I think they are trying to do the right thing w/ allowing no backfill for attrition for a bit instead of outright job cuts but they are apparently laying off some team leaders. Best wishes to them.. Any news from other departments?
I wouldn’t expect layoff information until the early retirements are known
Multiple sources today said to expect announcement about layoffs in a matter of weeks maybe days.