This is stressing me out a lot more than I would like it to. :/ If you apply for jobs that are hiring now, they won't want to wait until September. I see two options:
1- You get a job offer now, take it and loose out on the severance pay.
2- Decline job offers and risk not being able to get a job when the time comes but get the severance pay. (Assuming your VSP is accepted and everything with metrics goes smoothly in order to get the VSP..)
I wish they would just let me go now because there's so much of not knowing it's torture. I can't shake the feeling that they're gonna fire people for any reason they can so they don't have to give the VSP. But I've never been at a company that was doing layoffs and felt my job was at risk, so maybe I'm being dramatic.
2 replies (most recent on top)
Look at it this way. If you were looking for a job and was offered, you wouldn’t get severance anyway, but you have a new job.
if I had a job offer that was comparable to my current salary with similar or better benefits and there was no flexibility on the start date, I would just forfeit the VSP.
it's important to not make a decision based on "what if" and instead of what is currently known. we have no idea if we would get a job offer immediately (not trying to be negative, just realistic). we do not know if they would fire people. we do not know if the VSP offer will change. we do not know what the target is for layoffs.
what we do know is we have an offer on the table and layoffs are coming. what we do know is workloads will increase. that is how I made my decision to take the VSP.
sure they could fire people for any reason after they accepted the VSP... but I do not believe that would be good publicity and they would risk attracting new talent.
some people read reviews on glassdoor, some people read the layoff.com, some people read reddit. I am "some people". if I see an overwhelming majority of negative reviews (and it's not just them being disgruntled former employees) on how an organization has treated their employees, I do not even bother.
that said, I have heard that even when employees are let go due to "performance issues", they are given some type of pay and have to sign some type of agreement. while you may not be able to share the experience on personal accounts, anonymous forums are fair game.