Reply to The Fork got fork’d

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This is so sad. Everyone is getting fired now. Wow[/quote]

If people are RIFed there is a process for that. It will take time and people will get a legally required payout.[/quote]

Yes but if there is a RIF most people would get less than the 8 months of paid leave.

And if you are retirement eligible you get no severance.

At the end of the day the fork deal is better for almost everyone except for those that have many years of service and are not yet retirement eligible

How is Severance Pay from RIF Calculated?
1 week of pay for each year of service (up to 10 years).
2 weeks of pay for each year of service beyond 10 years.
Additional 2.5% increase for every 3 months after age 40.
Capped at 52 weeks (1 year) of pay.
[/quote]

I hope they are paying you to write this. No one recommends taking the fork. [/quote]

Right? I don’t even have a particularly long tenure but I’d get 28 weeks with a RIF - as a lump sum instead of contingent on anything. And I could look freely for any new job - which is really a massive issue since I would be trying to find something in the same industry that would almost certainly not be permitted under ethics rules. [/quote]

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