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Layoff Report

Severance package questions if the worst happens at ONEOK

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0x52c1…6a4f
·14d ago·2 comments
Alright, trying to be proactive here. I've been with ONEOK for a little over 3 years now, working in a project management role within the commercial team. While there's been no official word, the general unease around the company has me thinking about worst-case scenarios. If layoffs do happen, does anyone have experience or knowledge about ONEOK's typical severance packages? What's usually included? Is it based on years of service, role level, or a standard amount? Any tips on negotiating or understanding the package details would be super helpful. I've heard horror stories from friends at other companies where their severance was basically nothing. Just want to be prepared with some understanding of what to expect.

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Comments (2)

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31
0x317a…a7a2
·14d ago

Hey, totally understand the concern. It's smart to be thinking ahead. I haven't personally experienced layoffs there, but from what I've heard from former colleagues at similar energy companies, severance is often a mix of base pay (usually a week or two per year of service) plus continued health benefits for a period. Your role level might also factor in. Definitely gather your performance reviews and any documentation highlighting your contributions – that's always a good starting point if you do need to negotiate.

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0x22d3…b86a
·14d ago

Honestly, I think focusing too much on severance right now might be premature. While I get the 'worst-case scenario' planning, ONEOK has historically been pretty stable, especially with the infrastructure focus. Unless there's concrete news, I'd focus on doing your job well and keeping your skills sharp. If something does happen, that's the time to worry about packages. Until then, try not to let the general unease consume you.