Just like ACT same attorney ready for another class action age discrimination lawsuit. Just like everything else Intel does not learn
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As a Gen X currently working at Intel, my perspective is that Boomers as a whole are not the problem. What I see are a lot of NEWER employees in their 20-30s who are more concerned about what specific projects/roles they need to get into to make their next pay grade than actually caring about what they're working on right now. A lot of the older Engineers I used to work with were concerned with winning with great products and understanding that the pay grades come with hard/good work. Now I work with a group of people trying to shortcut career growth via hand-picked projects. I get wanting to progress as quickly as possible, but you're doing so at the cost of tool/project integrity. Then we all fail.
Get rid of the boomers
Love the comments about being Boomer heavy and needing to get rid of the old, dead weight. I retired after 26 years. Another employee in my group of seven, who had started with Intel within a couple of months of me back in '95 also retired that week. In one week, with the two of us leaving, the group lost 30% of its productive workforce and 52 year of experience. Yeah, replace that with 40-somethings...
55 here, definitely taking the package, no pressure what so ever, total opposite my manager wishes I'd stay. But no way I'm working for a year for free when I can take the package and still get paid for a year.
I'm approaching 60 and I don't feel pressured to take the retirement package at all. If you are concerned about getting CPM if you refuse retirement, then you are probably not that great at your job.
@rth+1tPn54t
Bingo! And that’s how they get around it. But if walks like a duck and quacks like a duck well…
Where’s the discrimination if it’s voluntary
@oxd+1tPn54tp if you think that this is still a viable company you are mistaken. Without the experience that has already and more that will leave there is no hope it to meet any of the promises it has made for a recovery. It is going to be a slow painful decline.
for the others... calling people names since you can't defend your case really shows your level of maturity
No matter the package forcing older workers to take it is age discrimination and will coat intel more money it does not have and the. Younger workers will suffer. Ugh short sided younger workers this is a problem you have.
Ok boomer
More like pampering the retirement eligible. I doubt that you will hear to many complaints when they get a package like that to get away from this train wreck of a company. Anybody who is eligible and doesn't take will regret that phenomenally bad decision within weeks. A brain drain worse that 2016 will absolute end this company within 2 years. The private equity people are already circling. Those vultures will pick this place clean.
Discrimination? The enhanced retirement package is literally twice the money as a regular CPM package. I wish I could take it, but Intel says I'm not old enough. Can I sue for that?
Age discrimination??? I wish they would. So many orgs are completely bloated with 65+ employees who barely do an hour of work in an entire day. Give me hard workers in their 40s over these people any day.
Start collecting all documentation from the intranet and hr sessions for the legal action to follow regarding the CPM actions