In Turnabout, SunTrust Removes Contentious Severance Clause (computerworld.com)

dcblogs writes: SunTrust has removed a controversial severance clause requiring laid-off employees to be 'reasonably available' to help without pay during the two years after their employment ends, the bank said today. The severance agreements received by employees included a "continuing cooperation" clause requiring each worker "to make myself reasonably available to SunTrust regarding matters in which I have been involved in the course my employment with SunTrust and/or about which I have knowledge as a result of my employment with SunTrust." Bank IT employees believed this broadly worded clause was essentially an on-call provision, requiring them to provide technical help as needed without additional pay. The bank disputed that interpretation, and said the intent was to limit such help to legal matters. The bank, in a statement released late Friday morning, had a change of heart, and said it would be removed from the severance agreements.

Comments

Re:Good on them

[LVSlushdat]

You shouldn't cancel your disgust because they backpedeled on this ONLY after the internet "took them to the woodshed". The fact that they came up with such an insane clause in their severance IN THE FIRST PLACE wouldn't do a thing to remove *my* disgust with them. I don't live in an area where they have branches, so I really couldn't close any accounts I might have with them, but as for my disgust, its completely up and running quite well, thank you very much... God Damn Fucking banks... So glad *my* money has been in credit unions for over 30 years...