You are as high as a kite! Not in a million years will those packages come true. If the company had that ki d ofcash, we would be here. Anything beyond 30 days notice is COMPLETELY VOLUNTARY and not required by law (in the USA).
This is 2016 and the gravy train pulled out of the station a long time ago. This isn't India (or the EU) and you don't work for the Teamsters.
Bend over, take it like a man and go back to where ya came from or look for another job immediately.
Woooo wooooooo!!
12 Months Pay for 12 Months or under completed
36 Months pay for 36 Months to 13 Months completed
72 Months pay for 72 Months to 37 months completed
144 Months pay for 144 Months to 73 Months completed
600 Months pay for anything for than 144 Months.
Cisco is going to be very generous as this is a big RIF.. Largest in history. 20% workforce cut. Right think to do
The package will probably be decent. That is one thing that HR has most denote key not shared with the firing managers yet.
12 weeks? Is that confirmed?
Yes, it's a very generous 12 week package which should allow for a nice retirement
What planet have you been on over last 2 weeks. Look at about 1400 posts below...