If they were to offer proper severance, I would be among the first to accept. I don’t understand why they don’t consider a voluntary round, especially since I know quite a few people who would willingly leave if paid properly to do so. Why not let those who want to leave do so, and keep the people who actually want to stay and contribute?
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The severance package includes language that one agrees to not engage in any current or future lawsuits against the company. So once it’s signed that’s it. You agree to not hold the company liable for anything. Makes one stop and think……
Over 250 people have been canned in the past year ? Of those 250, how many filed lawsuits and how many filed whistleblower complaints with regulators ? If you fire people the wrong way, it will pi-s the off. Instead, de-risk and do early retirement packages and buyouts.
TIAA did forced buyouts and early retirement packages a few years ago to a great success. Use the carrot approach and not a stick. People leave on good terms and there are no hard feelings.
I agreed. If they offered us lets say $250k to go away, I just might take that deal.
agreed, i think a voluntary round should have happened first