People read the letter ...consult a lawyer...they plainly state this ...why you may ask. If you read this carefully they have worded it with no promises of a payout. It plainly states upon APPROVAL, to which this approval will come from the same people that made the decision to send the letter...and remember your manager will most likely have a say in who will stay and who will go in the end, they say they are innocent but they are not, even some sups know i am sure. In the meeting they can't really answer anything and even tell people to do your own research or the answer they give is "go to the frequently asked questions on the web site", almost like the person knows but will not say, they even tell you will be signing away rights and to consult a lawyer, in my opinion when you state this to 1000's of people something isnt right.I know many that have been wronged inside this company NO ONE SHOULD EVEN ASK YOU TO GIVE UP RIGHTS ...UNLESS THEY NO THEY ARE VIOLATING THEM or PROTECTING THEIR SELF JUST LIKE YOU NEED TO PROTECT YOURSELF. There is no guarantee of a payout and after the payout many states will not pay you unemployment. It's time to stand up for yourself do what's right for you, if you have a grievance of any sort file it stand up ...here is another thing to shed light, you are expected to be in compliance with a company that can not even keep their own employees information safe ...so you are working for a company that you must be in compliance but they lied or tried to hide about the amount of people in the breach and guess what they will lie more ...wise up check with a lawyer and do not trust anything they say. Follow the media it's all coming out, then follow your intuition and do what is right for you and yours. Since the shooting lots of information has surfaced leading to a lot of unanswered questions...makes minds wonder what they are really hiding. Watch the stock it's going to continue to take hits because the company is unstable. Good luck ...wish I could write a book have so much more to say.
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Dont assume that the severance package on Sparq is a static document. It is only valid the day you pull up the available document. It has and will change over time with no fanfare by design. So dont assume that the terms for a future layoff severance will be the same after the buyout window closes. Also the document in sparq is the maximum you may receive in a future reduction in force your mileage may vary on a case by case basis. This buyout is an oh cr-p we promised this savings to the business now time to deliver or the leadership i sc--wed on their RSU and RRP. It accelerates the verdict on whether the number they came up with was complete BS for the budget or actually realistic to line their pockets
The trend is offshore customer service. Anything that can be done off shore has been moving that way since last April. It's more cost effective. First it was Avery and now it's Bye for Now.
Looking at the letter you would be hosing yourself if you were getting any less then 6 months of payout. Even with the threat of layoffs you would still be getting 6 months unemployment and more than likely a package as stated on the employment website! Think before you do a knee je-k reaction
I am one of the affected managers GL28. We do not know more than anyone else who received the information. We weren't given a heads up. We have the same decisions to make as everyone else . I truly feel for us all.
Lawyer up and quickly.
Smh another blood bath at UHC.
yes, they have to leave the caveat in there that it's based on approval or discretion. Because, if they didn't and you signed it..you could raise he-l, dip out, etc before May 1st and then still have it in writing that you are owed the package. If you do your part, they will do theirs. they would need a reason to go back on it or he-l would break loose. This is pretty standard from what I've seen a couple other times in my life where my husband was let go. we were nervous but the companies followed through.
Listen, it's VOLUNTARY... it comes with caveats. ALL BUYOUTS DO!!!
Did anyone even know that UHC HEARING was bought by Warburg Pincus?? Employees didn’t until an all hands meeting and told after the fact.
Um it is an offer. Up to you to take it or leave it. Nobody said life was fair. Just a tool to maybe control when you leave. As an employee one really does not have any leverage just a replaceable cog unless way up the food chain where there is an actual contract with a soft landing exit strategy. In buyouts and severance packages it is always here is some money but with strings sign here to get it and you then shut your mouth. Loyalty is a fantasy concept.
I attended the meeting. this whole thing is VOLUNTARY. don't like it don't take it.
I think it's truly unfair to assume that you can treat people who bend over backward for you over the years like nothing. People have families, every company has the Good, Bad, and Ugly you need to weed those Ugly people out, shrink what you can, and keep the loyal people who want to work. Unbelievable.