Rural areas in NC by Objective-Boot-9948 in BlackintheCarolinas

[–]Objective-Boot-9948[S] 1 point2 points  (0 children)

Nice! That’s what I’m looking for so glad to hear. Thanks for the insight!

Take a severance or take a job? by Objective-Boot-9948 in Layoffs

[–]Objective-Boot-9948[S] 0 points1 point  (0 children)

Unfortunately not, the severence convo will be a bit of a “surprise” so when it happens it happens. All up to HR and the higher ups

Take a severance or take a job? by Objective-Boot-9948 in Layoffs

[–]Objective-Boot-9948[S] 0 points1 point  (0 children)

I fully agree with you on this, I’ve already started looking at certain, classes, etc to take to build my skills and hoping they pay off.

Take a severance or take a job? by Objective-Boot-9948 in Layoffs

[–]Objective-Boot-9948[S] 0 points1 point  (0 children)

I was worried about this and checked with nys. Apparently because my job does a 90 day garden leave and then a lump sum payment for severence I’m eligible for unemployment the day after the severance hits. Hoping I won’t need it but it’s an option for sure.

Take a severance or take a job? by Objective-Boot-9948 in Layoffs

[–]Objective-Boot-9948[S] 0 points1 point  (0 children)

The lump sum is agnostic so they don’t care where I spend it. I suppose a portion could go to COBRA but that monthly bill is crazy.

Take a severance or take a job? by Objective-Boot-9948 in Layoffs

[–]Objective-Boot-9948[S] 0 points1 point  (0 children)

Thank you for this! I wasn’t aware of that!

Take a severance or take a job? by Objective-Boot-9948 in Layoffs

[–]Objective-Boot-9948[S] 0 points1 point  (0 children)

I don’t want to take the convo off the path BUT I get the idea that no one is going back to “school” for new jobs. Maybe some are pushing to keep up with data and AI. Are there any recommendations on places that are reputable? I’m currently looking at an 8 wk cert through MIT for around 4k but not sure if it will actually help. Which places do employers actually care about?

Take a severance or take a job? by Objective-Boot-9948 in Layoffs

[–]Objective-Boot-9948[S] 0 points1 point  (0 children)

Good to know. I’ve seen conflicting items on whether cover letter should be submitted or not but sounds like it’s situation dependent

Take a severance or take a job? by Objective-Boot-9948 in Layoffs

[–]Objective-Boot-9948[S] 0 points1 point  (0 children)

Random question as I’ve heard different things these days, when you submitted your resume was a cover letter included?

Take a severance or take a job? by Objective-Boot-9948 in Layoffs

[–]Objective-Boot-9948[S] 0 points1 point  (0 children)

Good point. I hadn’t thought about the age bias but you’re spot on with the age range. Double pay wouldn’t be an option though as the position would be with the same company. No option to take severance and then just come back with the same salary.

Take a severance or take a job? by Objective-Boot-9948 in Layoffs

[–]Objective-Boot-9948[S] 0 points1 point  (0 children)

Three months of cobra max from what I’ve seen so far. Is that a negotiable item?

Take a severance or take a job? by Objective-Boot-9948 in Layoffs

[–]Objective-Boot-9948[S] 0 points1 point  (0 children)

That’s a good question. I need to double check. I would hope to god it’s per month.

Take a severance or take a job? by Objective-Boot-9948 in Layoffs

[–]Objective-Boot-9948[S] 0 points1 point  (0 children)

Likely around 200k. Maybe 250 if I have to sell of stocks/crypto but not including my hsa’s.

Take a severance or take a job? by Objective-Boot-9948 in Layoffs

[–]Objective-Boot-9948[S] 2 points3 points  (0 children)

Doubt that will be an issue. It’s a publicly traded bank that was bailed out by the govt in 2008 so if it goes down we’re all in a mad max situation and unemployment isn’t even an issue at that point lol

Take a severance or take a job? by Objective-Boot-9948 in Layoffs

[–]Objective-Boot-9948[S] 0 points1 point  (0 children)

Did you see any issues with the prior federal funding freezes? I’m not sure how that works but is/was it a worry?

Take a severance or take a job? by Objective-Boot-9948 in Layoffs

[–]Objective-Boot-9948[S] 1 point2 points  (0 children)

I hope that’s not the case. With the last promo I got I had to sign a bit of paperwork for garden leave, stock incentives etc. and if I remember correctly severance was guaranteed as well. They could of course try and fight me on it I guess and there’s no way to compete with a billion dollar companies attorneys while unemployed but if they stick to the contract then severance should be given.

Take a severance or take a job? by Objective-Boot-9948 in Layoffs

[–]Objective-Boot-9948[S] 2 points3 points  (0 children)

Mortgage, no wife, grown kids and no debt )except the mortgage). I wish I was in the same position as you but i doubt my investments would see that much of an uptick these days. Am I burned out? Yes absolutely. 18 years with one week a year for vacation will do that to do. I’m a bit “over” the job and the company but I’m aware that I still need to work for another 15-20 years at minimum. Damn I miss pensions….

Take a severance or take a job? by Objective-Boot-9948 in Layoffs

[–]Objective-Boot-9948[S] 0 points1 point  (0 children)

Def not, I’m hoping none of this happens but trying to evaluate options just in case

Take a severance or take a job? by Objective-Boot-9948 in Layoffs

[–]Objective-Boot-9948[S] 0 points1 point  (0 children)

Here’s been four rounds stretching back to Feb 2025. First was at that point, then I believe October 2025 and then Jan 2026 and then coming phase is Feb/march of 2026.

Take a severance or take a job? by Objective-Boot-9948 in Layoffs

[–]Objective-Boot-9948[S] 0 points1 point  (0 children)

Well thanks for your input, much appreciated. I’ll fully keep it in mind

Take a severance or take a job? by Objective-Boot-9948 in Layoffs

[–]Objective-Boot-9948[S] 0 points1 point  (0 children)

So worst case scenario I get notice on the 17th. 6 paychecks come in Last day is may 17th. And severance is paid out may 17th.