As you are notified of labels having been printed in your name and of the actual layoffs, please report them here.
Please add location and org, number of people being laid off, etc.
Good luck all be well !
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The lump sum severance won't get triggered until after you sign the release, and it will take about a week after your last day to receive that. Then you have a 7 day window after mailing the release back to change your mind. It also takes appx. 2 weeks after O receives the signed release to process the severance payment. So basically, you have around 3 weeks before that severance gets direct deposited. I doubt whether you have any negotiation ability for changing the lump sum payment. If your location falls into a WARN action, however, you'll be kept on payroll for 60 days and don't receive the lump sum balance until after that.
I'm not signed up for delivery notifications (because I have no burning desire to know a day or hours in advance if my number is up). However I am betting my number is probably up based on harsh realities of the road map. I've known for a while. Sooooo .....
Does anyone know if it's possible to arrange for a non lump sum severance? I'm in the final stages of going for an internal opportunity but there is no way an offer would be tendered prior to tomorrow. I don't want to get into the messy business of truing up severance if I accept an internal offer after getting RIFed. Anyone know how this works?