3.0
Aug 6, 2013
Former employee, more than 10 years
Recommend
CEO approval
Business Outlook
Pros
The 700 let go were treated appropriately in severance agreements according to position, tenure and contribution. Everything was handled professionally by Senior Management, in other words, the terminations were not relegated to HR
Cons
Many of us who were long-timers planned on staying through retirement and thought we could. Some ended up having to take early retirement and start pensions in order to make it and a number of us, in our 50's, are now struggling to find work and many of us cannot: function and age group. Sad.