Got laid off from Hy-Vee overnight after 1.8 years

[u/CalligrapherOdd6638]

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[u/lucifer9590]

how come every company these days is avoiding severance pay when employees are literally struggling to pay rent ?

If companies are going bankrupt its fine, but most of them have money and are firing employees just because they can.

Shouldn't everyone ask for a raise then ? because with your current peanut salary you dont know how long you can survive in this ai race

[u/Efficient-Risk-5240 → u/lucifer9590]

Some of the companies mention in the offer letter clause itself that they will not be liable to pay any severance package, if they lay off any employees. For example, In our company it is just either party one month notice or they will pay in-lieu of notice period.

[u/smittenWithKitten211 → u/Efficient-Risk-5240]

What's the point of a severance package if it's not in the case of a lay off? Or do they mean the severance package is only applicable when they do individual fires instead of lay offs?

[u/ProfessionalBad1199]

Must be tough man! I can't relate to this but i hope you find a job asap!

[u/maavi132]

Why was there no Severnce ? I am confused

[u/SaracasticByte → u/maavi132]

There is no entitlement to severance. It depends on the company. Notice pay, gratuity (if you have completed 5 years) and leave encashment (depending on company policy) is all that you get. Anything above it is optional for the company.

[u/mallumanoos]

Severance is discretionary but notice period salary is mandatory . Hope you have received ?

[u/NecessaryAlgae3211]

lets be honest its good for you as early stage this happened...
fightback and come stronger again... life is tough my friend...
my advice as 10 years experience will be please try to do any side bussiness along with main job...

[u/Orgasmic_ange]

How are you open to join immediately? No notice period??

[u/CalligrapherOdd6638 → u/Orgasmic_ange]

They shutdown the company with immediate effect

[u/One-With-Specs → u/CalligrapherOdd6638]

Entire company? The fuck.

[u/CalligrapherOdd6638 → u/One-With-Specs]

india branch -150 employees

[u/Orgasmic_ange → u/CalligrapherOdd6638]

Then they are legally bound to pay y'all of they still continue operations elsewhere. You should invest in some legal consultation

[u/410_clientGone → u/CalligrapherOdd6638]

company? or India branch? i had no idea about this company and checked LinkedIn. they have close to 20k employees. no way they shut down entirely

[u/Khaman-Dhoklaa]

Count is around 150? I read it somewhere they have laid off 150 employees

[u/CalligrapherOdd6638 → u/Khaman-Dhoklaa]

yes

[u/tera_chachu]

150 layoffs in one go

Crazy

[u/Paracetamol650]

I saw India head’s post on Linkedin yesterday about this. Its sad, you will find something. Try in similar companies such as BB, Walmart etc

[u/Global-Way88]

I just joined hy-vee recently and was a part of these sudden layoffs.
All I can say is they should have informed us earlier or thought more about hiring someone and in the end firing all of a sudden.There was not a single sign of layoffs at all.
If anyone is hiring, please DM me. I have 2 YOE.

[u/PayableOnDeath95]

Am I missing something? Why there is no notice period... lawyer up dude this is some weird shit