Thread regarding Stellantis - Fiat Chrysler Automobiles layoffs

Anyone planning on taking the VSP?

I'm trying to weigh the pros and cons to make a decision on this

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Post ID: @OP+1tOIMBCP

11 replies (most recent on top)

Even if you don't take it now all must have Exit Plan. Under such poor management company will keep losing market share ...

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Post ID: @3dgv+1tOIMBCP

Con would be getting the buyout and a healthcare lump sum increasing your income.

I took the last one in Dec. Healthcare lump would have been nice, but I got my Bonus.

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Post ID: @3yvu+1tOIMBCP

@2mbt+1tOIMBCP anyone who believes this hasn't been in this industry long. Both GM and Ford have teams in Mexico and SA as well, and didn't replace American jobs with them...

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Post ID: @3bmt+1tOIMBCP

@2mbt+1tOIMBCP depends on the area really

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Post ID: @3fke+1tOIMBCP

Since this is the second time in a year that they offered it, AND they made the offer better than last time, I feel like it’s a good time to take it. I feel there’s risk of my position being outsourced to a best cost country anyway.

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Post ID: @2blg+1tOIMBCP

No question. I’m taking it. I work in ICT and I am outta here and out of IT. Anything and everything will go to Mexico or South America for replacing US IT jobs for time zone consistency.

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Post ID: @2mbt+1tOIMBCP

if someone can please mention the details of the buyouts, how many months per year of service, i heard if you have 20 yrs of service you get 30 months of pay?

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Post ID: @2toq+1tOIMBCP

As an engineer 100%. I feel like this whole year was a game of Russian roulette with my job.

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Post ID: @2awm+1tOIMBCP

I am. There is still time to jump to a company where there's a chance of actually getting bonus this year. No way we're getting it.

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Post ID: @2ddc+1tOIMBCP

Don't think people will take it

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Post ID: @1jxm+1tOIMBCP

F yes. Im out.

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Post ID: @1ous+1tOIMBCP

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