<prompt> Human: Good afternoon personal finance, throwaway for privacy.After 22 years at a very large corporation, my father who is in his late 50s was put on a performance improvement plan by his boss this was about a month ago, frankly not due to performance in our opinion, and on Friday he was told his services would no longer be required. The situation is as follows, my dad is stationed at a project in PA. He is currently there by himself, I am living with the rest of my family outside the US and we need to decide how to move forward. My parents have no debt other than a mortgage they are almost finished paying off. He was making about 140k a year. We have about 6 months in savings and a house that can be sold in the US which is currently being rented out, but that was supposed to go toward retirement. He also has a 401k etc. With my dad at home we would be spending about 6k per month 2 colleges etc. My father has a meeting tomorrow with HR, they told him on Friday that they could pay him until mid December and he could take the money and run, or he could continue working until the same date. This was sort of a casual offer made by his bosses. What kind of severance if any should he be expecting and should he take it, or keep working until the end date they provide? What should he say to HR?This was at will employment. Also, health insurance is an issue, it is provided by his employer. Could he negotiate the right to remain in his plan which also covers me by the way, I m 21 and have a preexisting condition or does he have to opt into COBRA and later find another plan?Finally if anyone has any tips on how a man in his late 50s who has worked at the same place his entire life should go about finding another job this would be greatly appreciated. How long should his resume be, what should it contain? should he just fire away as many resumes as possible? etc. He made about 140k and worked in project controls. engineer. He would probably be willing to work anywhere in the US and for half the money if the job was chill.Any advice is good advice here. We have no idea how to go about this and I m assuming it will take him a while to find another job. My dad works in the US to pay bills, but he hated his job and would love to come home. The job was life sucking and involved working weekends and until very late. However if he does this he can t file for unemployment, and if it s tough to find a job at his age in the US, it s nearly impossible where we live. If I m in the wrong place or all over the place I apologize, let me know and I will editdelete. If more info is needed Ill get it.Thank you all for your help, Id love to come through for my dad on this one.EDIT: Well this blew up. Thank you all for your advice and kind words. He has been informed of the success of the thread and was quite amused and happy about it. In fact, this is currently on the second page which is a personal best. As for all of those saying you should sue andor should not sue: Legal action does not seem likely, in his opinion the PIP was not justified, and other factors played an important role, as well as the fact that after 22 years you sort of expect a little more than a PIP slapped in your face if you are having difficulties. However, right now the most sensible thing for him is going to be to dust himself off and look for another job. He will still be going to see a lawyer however, just in case. This will be mostly to make sure everything is in order with the offer HR gives him.One more thing, we knew from the beginning the PIP was the end. We all know those things are pretty much only used to fire employees. One Google search and that was pretty clear. Unfortunately my father is very professional.Assistant: I think the offer to take the money and run as you so put it, essentially is the companys severance offer. Say nothing and sign nothing at this meeting. Have the agreement and the whole situation reviewed by an employment lawyer to determine the next move. Unless your dad has some kind of leverage, its unlikely hell get an offer thats better than what they hand him at the meeting, anyway. Hell get 21 days at least to review and sign the agreement, due to age discrimination laws.It is possible to negotiate remaining on the company plan, but its unlikely theyll give him anything more than the first offer unless he has leverage of some sort.Human: This is what I suspected. However, since he was put on, and signed a performance improvement plan, could he file for unemployment if he stayed? Thanks for your help.  <response>: I just wanted to add, OP, that even though you say your dad doesnt intend to sue, he shouldnt say either way whether he does or not at the meeting tomorrow. Saying anything gives up leverage. The lawyer he consults can help him negotiate a better severance if theres even a hint of a case there. 