Reportedly 300+ laid off today
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Your story sounds extremely similar to mine. 15 + years and although I had seniority over others, reportedly ‘HR’ decided it would be me to go. It is so obvious it was about my salary and not just a position being removed. I got The 15 minute webex slap in the face and barely had enough time to forward my termination documentation to my personal email before they cut my access, shameful. HCA family indeed, what a joke.
Sorry for the delay, wanted to wait for everything to be finalized.
In August I was requested to join a quick Webex call and was told that my position was being let go. After all my time with the company it was a slap in the face IMO. The original severance package was for 12 weeks. Apparently they announced the positions being cut but kept everyone on the payroll for another 4 weeks with the expectation that they would finish up their projects/work. The week of actual termination they sent a revised severance notice for those over 20 years of service (increased to 1 week per year of service). I don't know if there were any changes for those under 20 years. Of course once taxes are taken out it's a lot less and the amount included for COBRA coverage (12 months) was not adjusted for taxes so that came in well under their claim.
Add the fact that if we do find a job opening and go back the severance is required to be paid back pro-rated.
Life_no_more…. Are you saying that you got a RIF /severance letter statement in August and it was increased above what was listed? I haven’t gone down that rabbit ho-e yet and it’s not like they have attempted to contact me. Thanks if you care to share more
What was the severance package? 1 month pay? This hasn't been on the news anywhere.
Lots of long-time employees were cut it seems. Over 15 years here. No press announcements that would raise stock prices as I would expect. Also strange because they kept employees on payroll and working until mid-Sept instead of just terminating them immediately. Severance packages were just modified (increased) this week before the official 9/15 termination.
Amazing that there is literally nothing about this on the web outside of this site that I can find
Confirmed. Of the 300, about 150 were IT employees.