HomeNewsTrendsCompany fires Vice President after 25% bonus: 'never received negative feedback'

Company fires Vice President after 25% bonus: 'never received negative feedback'

The real blow came when they later discovered that the company had already hired someone else for the exact same position—a bitter realisation that only compounded their frustration.

October 23, 2024 / 13:23 IST
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The former Vice President was offered severance on being fired. (Representational)
The former Vice President was offered severance on being fired. (Representational)

A former Vice President of an unnamed company shared their painful experience on Reddit, detailing the abruptness and frustration of being laid off despite a seemingly stellar performance record. After 1.5 years at the company, during which they received no negative feedback and earned a significant raise and a 25% bonus earlier this year, they were suddenly told their role was eliminated due to cost-cutting measures.

“Last Wednesday, the CEO and COO called me into their office and I was pretty much told that it wasn’t personal, that they were trying to cut costs and my position was eliminated. They gave me 10 weeks severance and will pay for COBRA for 10 weeks as well,” the former VP revealed.

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The real blow came when they later discovered that the company had already hired someone else for the exact same position—a bitter realisation that only compounded their frustration.

“Today I went on LinkedIn and saw that they hired someone else with my exact title and my heart dropped,” they wrote.