Thread regarding L3 Technologies layoffs

Just wondering. .i had 25 yrs in and they gave me 26 weeks.

I was rehired last year.

I was given back all my accrued vacation hrs back and am very grateful.

If i get laid off again so i only get one week severance since ive only been back for 1 year ?..just asking. .

here at CSE thats pretty much the same deal for management and engineers ONLY. No union packages yet. must be off the books by November.

I doubt medical coverage is provided. I know from experience. Get everything done in the first two weeks.

Those of us in Crestview that are asking questions didn't get the same memo as Waco. Therefore we can't read it. Thanks for the info....

The 20% is of the the weeks severance you're entitled to, NOT your pay. Read the memo. You continue to receive your full pay for however many weeks of severance. That way they continue to deduct your normal deductions. (401K, medical, etc)

20 % of your pay over the course of your severence time. For instance, if you make 500 a week you would get an additional 20% or 100 dollars. If you have 10 weeks severance that would be 20% a week for 10 weeks.

It's not 2 weeks in lieu AND 20%. The gave us notice....so no 2 weeks in lieu of notice. The 20% is of your severance so 10 years = 10 weeks plus 2 weeks.

I don't make things up. That is the Waco offer thru tomorrow close of business. It's not the normal deal. The normal deal is straight one week per year up to 26 years and 2 weeks in leiu of notice. They don't normally bump it 20 % or subsidize the healthcare. I'vw made it through 25 plus years of layoffs here. This time it's getting scary.

Plus 20% of what, your annual salary?