Thread regarding RSA layoffs

Any news?

After last week's cuts has the dust settled enough to give out any new info for those who still remain? How the cuts were determined? Are there going to be more by the end of year? Any information that would benefit those of us who are still employed and worried and debating on staying.

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Post ID: @OP+16YTvD5f

5 replies (most recent on top)

According to my boss, they offered all of us 10 weeks pay, plus one week for every year with the company. For those that got two days notice, it went into affect right away. For those in my group, we get the severance, if we stay until the end of November.

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Post ID: @ckoj+16YTvD5f

What package did you get may I ask?

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Post ID: @ardv+16YTvD5f

They cut the vast majority of my team to the point that I don't know how they will function. Some of us were given two days notice while others were given until the end of November. They did offer (at least for me) a nice severance package.

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Post ID: @7cwc+16YTvD5f

Still going on. Got a 1-1 invite from my manager earlier for tomorrow. I guess this is it for me.

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Post ID: @6hel+16YTvD5f

Two day notice was given, effective Sept 11. Not allowing recommendations or offering any decision criteria. I suggest getting out while you are in control of your employment and it will relieve you of looking over your shoulder.

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Post ID: @tyc+16YTvD5f

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