Thread regarding TIBCO Software Inc. layoffs

What is given to employees who are offered voluntary separations? And who receives these offers (is it age groups or departments?)

I have seen prior posts where TIBCO has offered voluntary separations in the past. I am wanting to see specifics about the severance packages that are offered. Also curious about who qualifies for these voluntary separation offers - is it available to anyone? or certain age groups? or certain departments?

by
| 1960 views | | 3 replies (last )
Post ID: @OP+18YBPWnG

3 replies (most recent on top)

Yes and this was expected, this is Vista policy to lay off people just after an acquisition is completed

by
|
Post ID: @zuwk+18YBPWnG

On Feb 5 Tibco completed the takeover of Information Builders (IBI) and promptly let go about 180 employees. i don't know if any were voluntary. From the few I know of they got the old ibi severance ( 1 week per year)

by
|
Post ID: @wmre+18YBPWnG

Generally the packages are "enhanced" above statatory pay, but will depend on which region you are in and how friendly HR are.. They will be offered to certain departments dependant on how much budget that dept needs saving on cost and generally based on a skills classification (though not always the case.) Therfore also depends how decent your manager is. Good luck

by
|
Post ID: @3ivk+18YBPWnG

Post a reply

: