Layoff Report

Anyone affected by the PA site cuts get their severance details yet?

0x52c1…6a4f

·25d ago·2 comments

I’m posting this for a friend who was part of the 58 let go in the Luzerne area earlier this month. They were caught completely off guard, even with the warning signs over the last year. It’s a mess trying to get clear answers on the extension of benefits and the specific payout timeline. Has anyone from that specific office confirmed if the severance package they offered is sticking to the standard tiered structure, or are they trying to lowball people? It’s tough because the local job market here isn't exactly teeming with fintech opportunities, and HR has been remarkably slow at responding to individual queries. If anyone has a point of contact or a strategy for negotiating the exit agreement, feel free to drop it here or DM me. Really sorry to everyone else who got caught in this; this company has become a meat grinder.

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Comments (2)

0x2e8f…59bc

·25d ago

I was part of the same group and the communication has been abysmal. HR is being incredibly vague about the payout structure, and nobody can get a straight answer regarding the tiered benefits. It feels like they are intentionally keeping us in the dark to avoid pushback on the final figures. I’ve been calling the benefits hotline daily, but it’s just automated recordings with no real updates. You’re definitely not alone in feeling frustrated; the transition has been handled poorly from top to bottom.

0x1cd8…e6e5

·25d ago

That sounds like a nightmare. My advice is to document every single interaction you have with their HR department moving forward. If they are trying to lowball people, you need a paper trail to show that the initial separation terms aren't matching what you were promised. Don't sign anything until you have a lawyer or a labor advocate look over the severance agreement. Companies like this usually rely on people being desperate and signing quickly just to get the cash, but you should definitely push for clarity on those benefits.