3.0
Mar 31, 2025
Unfair and Unkind Resource Action (layoff) and Severance Practices
Current employee, more than 10 years
Holiday, FL
Recommend
CEO approval
Business Outlook
Pros
There are no pros to the way IBM initiates and carries out its resource action and severance practices
Cons
They give you zero advance notice and deceive you until they say, "There's been a resource action, and you have been affected." Then, if you are due an incentive bonus, they rescind it, and you end up with an extremely paltry severance package with exorbitant Affordable Care options until COBRA expires. For me, it's a choice of $3,000-$4,000 COBRA costs, which disqualify you from obtaining insurance from me and from obtaining reasonable coverage from Healthcare.gov. By then, Trump will probably have cut or eliminated the benefits. UGH!