Thread regarding Allscripts layoffs

Early retirement packages

Some groups being offered early retirement package today. Must have a total of 60 years or more (combination of years of service and age). Only available to some groups (support, sevices, HR, corporate finance and maybe a few others). Package includes one year health insurance + one month’s salary for every year you have worked + 4 additional weeks of pay. Upper management levels not eligible. Effective July 1, 2018. Understand many are considering taking the option. Problem I see with this is that olde r employees are less likely to have employment opportunities when the severance package ends. Then what?

Posted by @T4qbQDV-leiz, bumped to the front page for info.

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Post ID: @TsWt2kN

13 replies (most recent on top)

With Allscripts having a high deductible Health plan giving it to you for a year isnt so great since they will no longer contribute to your HSA. So you are still paying out of pocket once you run the current HSA contributions dry.

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Post ID: @TsWt2kN-luhs

Feel bad for those that dont qualify. They are likely to be left holding the bag when the inevitable end comes. But I am sure Paul Black et al will golden chute out of there with smiles

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Post ID: @TsWt2kN-lvzv

I cannot wait this company go bankrupt. It is the time to end the Ponzi scheme

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Post ID: @TsWt2kN-itup

Very few, if any, former EIS folks were eligible for this.

If they were, Allscripts would have to offer them a different package. The terms of the sale, Allscripts is required to honor mckesson's severance package which is two weeks for every year of service for the first year after the acquisition. After October 2nd it would revert to the Allscripts standard of one week per year of service.

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Post ID: @TsWt2kN-fxxs

Definitely loosing some very experienced support staff from several product lines. Also a key meaningful use resource person at the corporate level. Remaining support staff have heard that support positions will be back-filled with offshore staffing. Support staff from US seems to be dwindling fast.

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Post ID: @TsWt2kN-euzu

Likely there is some misinformation going on in this posting. No word of 2 different packages being offered. The package everyone is talking about is one week for every completed year of service + 4 additional weeks and subsidized health care for 12 months. Hearing that some key worker bees have applied for the program and many of them have been approved. Time will tell.

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Post ID: @TsWt2kN-butl

"2 weeks for every year plus 4 weeks, cap at 52 weeks. Plus 1 yr severance."

Are there 2 packages being offered to different groups inside the same company

Sleezy but expected.

Hard to understand just where EIS resides in this mess as opposed to the other enterprise size products Allscripts offers and why the diff packages...

Apple and Amazon cant come quick enough...

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Post ID: @TsWt2kN-9veh

Former EIS group eligible for former mck severance. 2 weeks for every year plus 4 weeks, cap at 52 weeks. Plus 1 yr severance.

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Post ID: @TsWt2kN-8ifa

It’s a deal if you wait they may have nothing. I believe lthey are depleting high salaries and knowledge with intent to sell for customer base for what is left of it. Don’t be afraid go for it you’ll be happier and better off. I speak from experience of having gone through layoffs at this company. Your future self with thank you!

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Post ID: @TsWt2kN-7qwo

I'm more curious to see what happens when people DON'T take the offer. I'm assuming/hoping that they reach whatever minimum they are hoping for so an actual layoff doesn't occur. I'm not exactly ready to lose my job just yet.

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Post ID: @TsWt2kN-3drg

You are right. It is not a good deal but it is the standard layoff package Allscripts has offered for years with the exception of the healthcare coverage of one year in this latest offer. In the standard layoff package, healthcare coverage only last while you have severance pay. It will be interesting to see how many people opt to take the offer.

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Post ID: @TsWt2kN-3eal

Doesn’t sound like a good deal to me. One week per each year of service? Pass.

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Post ID: @TsWt2kN-gcu

Correction to above: The offer is one week pay for every year worked + health insurance for a year.

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Post ID: @TsWt2kN-grv

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