Thread regarding Prudential layoffs

Farewell Prudential Retirement

It was not surprising that PRU sold its Retirement business. It's been a long time coming. I would expect to see consolidation and cost savings in the near future. VSP was the optimal time to exit the company. Kudos to those who took advantage of it.

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Post ID: @OP+1bXztEUU

4 replies (most recent on top)

this job market is red hot...they will be fine and get a nice payoff to boot

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Post ID: @xpwg+1bXztEUU

@nyc+1bXztEUU VSP was the same. But now you have a lot more people looking for a job in an industry that has consolidated.

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Post ID: @hql+1bXztEUU

VSP takers left just months before Covid hit and other job opportunities dried up.

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Post ID: @wgz+1bXztEUU

Wasn't the Voluntary Separation Package the same as the standard separation package? So why not hang on for an additional 1-2 years service (more severance) and be part of a mass layoff?

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Post ID: @nyc+1bXztEUU

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