Back in 2016 those who got laid off by ACT got pretty generous severance packages and buyouts not to mention early retirement options. Are they offering anything similar this time?
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They have to cut, so they make go with an ERP and VSP in addition to an ISP — no one knows yet. I’d be interested to see what most people think will happen. They may want to keep control with an ISP-only strategy where you don’t get any way to volunteer to exit (and get the $$$).
No one knows. There are infact signs the package could be good.
No sign of generous exits from what I can see .. they are being cheap
I was part of the 2016 ACT. With 13 years of service, I got $50k cash before tax.
The severance will shrivel. Not the old days
Severance package will be a real kick in the nuts with the door shut on behind !