Feedback should happen in July; decisions should be made in August and PIP/PIL usually goes in to effect by early September. Duration for both is 3 months, or ~90 days. If you take the PIP, you’ll find out if you passed and still have a job right around Thanksgiving. If you take the PIL, your benefits expire then, and you receive your vacation payout (all that you have earned + accrued) to that point within December. Excellent timing; Merry Christmas, Tiny Tim.
If you go on the PIP, your manager should set up measurable goals to achieve, and there are periodic check points for the next 90 days to see how well you are tracking. If you pass, business as usual, but now you’ve got a huge black mark next to your name. If you don’t pass, you are terminated from the company.
Either way, it is a craptastic position to be in and your career growth @ EM is essentially over.
Reposted for info for those who missed it from @vkw+1njYAKZ7.