Thread regarding L-3 Communications Holdings Inc. layoffs

No,I am still getting my direct deposit tomorrow (wells fargo). That will be the last deposit. If you get laid off today, you get a paper check with 40 hours of pay + your vacation time pay out - taxes. In the white envelope they give you is the severance agreement with a dollar amount you will paid if you sign it. Mine was about $9,000.00, that will be taxed and it will be a lump sum. Also they have contracted with a company to get your resume sharpened, and workforce services on Monday will be having a "Layoff Intervention Workshop" at 1 PM, and other times and dates. If you want your stuff mailed, they will do that, or you can pick it up in person at Building I, NW loading dock, 8-5 on Monday. I just read the sep agreement, the lump sum you can get will not be paid until the end of the pay period FOLLOWING the revocation period, whic is 45 days. So I won't get the lump sum payment for at least 6 weeks. Be careful with this paycheck and your deposit.