If you are one of the ones who were given 60 days notice do you still get severance? That just seems cruel to expect these guys to work for two months and then give them nothing. When will they have time to find a job? Or are you on the books but not expected to come in? Anyone with perspective on this? I’m assuming these were all salaried people.
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Take everything that isn't nailed down
VJRP would've been the way to go! - 50% of salary, week for every year, full benefits, training and placement + RIF preferred placement.
Yes
Do you have to stay through the end of the 60 day period to collect the severance?
Whether you received a good deal or not depends on whether your manager is requiring you to work a full load during the 60 day notice period. Take lots of vacation since you won't be able to take it with you.
60 Days notice and severance = 1 week for every year of employment. So not bad considering. Severance combined with state unemployment benefits to give “income replacement” for some period of time. Not bad all considering.
Some job classifications eligible for training benefits.
Two months to train your replacements? How kind.