How are layoffs handled in the Admin department at Flagstar Bancorp? - Flagstar Bancorp Questions | Comparably
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How are layoffs handled in the Admin department at Flagstar Bancorp?

Asked 8 years ago to the Admin Department at Flagstar Bancorp

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1 Answers from Employees at Flagstar Bancorp

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    You are given 30 mins to gather your stuff at your desk w/ no warning. You are expected to get your stuff, immediately hand in your ID badge / keys, on the way out and they don't want you going around saying goodbye to employees - they will follow you around to make sure you aren't doing this. You are given a moment notice prior to the layoffs. They will trick you into thinking you have a meeting w/ them w/ few other employees. Management team and the HR comes into the rooms - gives you the layoff papers right then and there. Don't expect a long severance - they only give you a months worth of severance package. They even balked at me for punching in 1 min TOO EARLY!? Crazy!

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