Thread regarding Mondelez International Inc. layoffs

Unemployment

For those who were let go in the first two waves, how does unemployment work with getting the severance package? I was told severance could take up to 60 days. Also, did they lump in any PTO and bonus money with the severance payment?

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Post ID: @OP+1lsC1tbE

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What others said about severance and depending on what state your in. Mine came in about 20days. -PTO will be prorated and you will receive it on a separate check. If over 55 with 10yrs service you will get your full pto for the year. I got all my 6wks. - bonus still gets paid on the regular bonus pay dates even though you aren’t with the company anymore.

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Post ID: @1eth+1lsC1tbE

You don’t get PTO unless you are an active employee, schedule it!

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Post ID: @lbq+1lsC1tbE

Yes, depends on state. Go look online for yours. Mine is 30 days if you received severance.
If you want to be sneaky and avoid paying taxes on your severance you can change your withholding (w-4) on the mdlz pay site. This may bite you in the bu-t come tax time fyi.

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Post ID: @opq+1lsC1tbE

It depends what state you are in. I got both severance and unemployment. You will receive severance sometime after the seven day waiting period. I think mine took a couple weeks. And they tax severance, so you will get less than what your papers say.

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Post ID: @glk+1lsC1tbE

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