Thread regarding Wells Fargo & Co. layoffs

how is the severance amount calculated ?

Is the amount based on number of working years × salary ?

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Post ID: @OP+1jrxvyx43

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What those below said, plus:

Severance pay DOES include whatever benefits you had before being given notice.

Severance DOES NOT include 401k deposit. That stops at the end of 60 day notice.

Make damn certain you complete the (most likely electronic) packet and agreement before state due date. Otherwise you will not receive severance.

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Post ID: @a8+1jrxvyx43

And max of 1 year

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Post ID: @a5+1jrxvyx43

with a minimum of 8 weeks

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Post ID: @a3+1jrxvyx43

2 weeks for every year

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Post ID: @a1+1jrxvyx43

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