3 ms·
"voluntary separation" might as well be lay-offs, because if they didn't get enough volunteers they would have laid people off without giving them a package.
by sdinsn 8y ago
"voluntary separation" might as well be lay-offs, because if they didn't get enough volunteers they would have laid people off without giving them a package.
- Spivak 8y agoOr they increase the incentive until they get enough volunteers. Actual lay-offs can be a last resort.
- coss 8y agoEquivalent to airlines looking for people to give up a seat on the plane.
- empath75 8y agoI volunteered for a lay-off when they merged Aol and yahoo because I had recruiters breathing down my neck offering me big raises to leave anyway. I got enough in the severance and signing bonuses to pay off a new car and pay for most of my wife’s masters degree.
- ryandrake 8y agoOne of my major career regrets was leaving a job about 6 months before they offered voluntary layoffs with generous severance. I was already grumpy with the job. If only I held my nose and stuck around those six months, I would have been first in line for the package!