My job is relocated to Dallas… I would rather leave now (with severance)…anyone aware of anything
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They plan to keep hr employees around long enough to get the company through all of the changes like workday launch, end of year process including comp cycle and of course more surpluses. Then they will start kicking them to the curb in phases. Until then they won’t get a surplus letter that way if any hr employees wants to leave, they will have to resign and the company effectively doesn’t have to pay surplus or relo. Isn’t that what they are trying to do company wide. Of course. Motivate employees to resign and get away with not paying any severance or relo.
Leaders are having town hall meetings to talk about this but none of them are being honest . They say once you get your offer letter and if you decide not to relocate then you will be eligible for severance. But that isn’t true. Because you are not eligible for severance until you receive an actual surplus letter and they don’t plan on giving those out until much later basically holding severance hostage. Their hope is that enough employees leave on their own and avoid paying severance. Here is the plan they will send out the offer letters to employees sometime by the end of July. some organization will be given 30 days or 60 to decide if they will accept the job in their new location aka Dallas and relo on their own dime. Once the orgs have an understanding of how many employees will not be relocating then the business can start planning on next steps. And the next steps don’t of a lick of care to do with the employee’s experience. Ok so say you get 30 days to make your decision and that puts you at end of Aug BUT the kicker is that you may not get your surplus letter until Q2 or 3 of next year but you don’t want to stick around until then, the company’s position is that that decision will be considered a resignation. What a wonderful company. If they cared about the employees experience they would do interest in leaving, oh right but they can’t do that because they would have to pay severance and after all. JS want to save money so he can spend it making more bad decisions. All of this is being done to force exit our older employees without paying them to leave. That’s the bottom line, just look at the changes the company has made in recent years. They change pension rules which urge older employees out the door a couple of years ago. They change medical supplemental for retirement eligible employees again forcing an end of year exit, same time frame they reduced PTO and now this! This is another form of doing geo rationalization surplus all over again minus the expense.
YES, I just volunteered for the 5,5,5!!!
I'm in the same boat OP. I want to leave now. It would be detrimental to stay another year or two in a career going nowhere just for that severance. I'm mad at myself for not taking the volunteer option given a few years ago.
Sorry to say if you don’t suck at your job it may be 2026 before you are told to move, say no and get severence. If a useless biz marketing role, don’t worry you will be forced or gone by April next year AT THE LATEST. Many this year.
I will hang out as well but it would be nice to leave this negative place. Place is completely deflated.
If you quit now then no severance. So watch movies all day and work on your resume. It’ll come.
No voluntary offer. If u want severance, u must wait until u r told in writing to move, tell them no in writing, then get terminated with 2 weeks notice and off payroll then. Only way in this chaos.
You clearly don't have an understanding of T's current financial situation if you are asking about an MVO.
I understand no MVO is being considered. At least not in CNIO.
Quitting negates severance.
Severance is available to those who refuse a move, so you can quit now.
I’m in finance and I too prefer this option. Oddly enough this would save the company money since I’ll wait until they actually terminate me.
Nope, I've asked this. They can't even get their s--- together to tell when they'll send the official letters. The termination letters 'must' come later in the process and thus there's no way to get them sooner. Of course I'm in my business unit, but as I understand it, this is an HR limitation. No getting around it.