Termination date is in May and I'll get 3 weeks' pay. The fact that the management did not decide to announce this new wave of layoff is disgusting.
I talked yo my HR specialist and was told that Qualcomm is only obligated to pay either 2 months of notice or 2 months of pay, the 3 weeks I got were because they are doing everything the "Qualcomm Way".
I joined the company straight out of school just 2 years back. :(
I was a part of RIF back in Nov. If there is a WARN notice (when company layoff 50+ employees; and the case back in Nov 15) only then by law they are supposed to give a 60 day notice (essentially you're getting 2 month notice with pay - as you're still employed) + 2 weeks pay/year of service(for non Senior folks, it's lower I guess) + unused vacation(cashed out) + health benefit(for non married folks it's lower I guess).
http://www.edd.ca.gov/jobs_and_training/Layoff_Services_WARN.htm
Wow...a new low, not supportive, and yet another reason to realize QC has changed so much and is not a very desirable place to work
It was not 3 weeks for every year - it was 2 weeks for every year, an extra 2 weeks pay, and an $1100 stipend to go toward health care of your choice. I was there 21 years. By the time they took out taxes, I got barely 1/2 of the package. Maybe it was 3 weeks the higher up the food chain you were.....who knows.
OP: HR dragon lady is full of crap. They're obligated for 2 months of pay and continued benefits, regardless of whether you work or don't work. The 3 extra weeks pay as severance GTFA package is the "carrot" so they can beat you with the stick for another 2 months. And THAT'S the Qualcomm way!
It looks like the very generous packages offered in November 2015 are long gone. Some people that I know walked away with 6-12 months cash salary in addition to the two months notice.
the march layoff have been discussed on this website since January. Sorry this happened to you but frankly it should be a surprise to nobody,
So they're not doing the 3 weeks for every year of service thing anymore? Did they at least let you vest the 5/20 RSU?