Nortel gave the guys in my office 4 months pay & full benefits for 3 months.
Not a bad way to loose a job
Phil
----- Original Message -----
From: xc
To:
Sent: Saturday, April 14, 2001 7:59 PM
Subject: Re: Cisco fire staff [7:641]
> 2 months automatic severance, plus another 4 months for signing their
> severance agreement? So a total of 6 months severance? Damn good deal.
>
> I am no raving Cisco fanatic, and I certainly don't mean to offend any
> ex-Cisco employees who may be reading this, but lots of companies are
> cutting back now, and I rarely hear of a severance deal as good as
Cisco's.
>
> This stands in stark contrast to some of the dot-gone dotcoms, as
profiled
> on fuc*edcompany.com, where not only were there people getting canned
> without any warning and without their promised severance, but also there
are
> instances of people being screwed out of back-pay and expenses, given
> severance checks that bounced, etc. I should know, my former dotcom went
> under and still owed employees several months (!) of backpay and expenses.
>
> So in light of all this, I still consider Cisco one of the good guys.
>
>
>
> ""Victim"" wrote in message
> [EMAIL PROTECTED]">news:[EMAIL PROTECTED]...
> > What is your opinion on "cisco fire / umemploy staff " ?
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