Thread regarding Intel Corp. layoffs

First layoffs already happening in Nuremberg in preparation for site closure

One PJM team has already received package offers in advance of the impending site closure and move of resources to Munich.

Another site bites the dust. Let's see who is next.

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| 3265 views | | 16 replies (last January 16, 2017) | Reply
Post ID: @OP+LjgjFf7

16 replies (most recent on top)

Thanks for explanation, 3omk

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Post ID: @4bgv+LjgjFf7

Then I think you missed @1orh point, @3juz.

He said....

  • looks like intel is done fudging around. They simply terminate people now with a package.

  • the major difference seems to be that the affected people already got their termination letter.

  • that is different to ISPs where people still had to accept the package first, and they could just try to sit this out.

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Post ID: @3omk+LjgjFf7

@2wmz - You must have missed the fact that this thread is about a German site. Germany has labor laws that basically eliminate the possibilitiy of an "involuntary" separation. The people in Germany who got ISPs could basically sit them out. You can't fire anyone in Germany without extremely good reasons. There are still people on Intel Germany payroll who got ISPs half a year ago, and those peole have no intention of leaving.

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Post ID: @3juz+LjgjFf7

Agreed @2wmz

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Post ID: @2peu+LjgjFf7

@LjgjFf7-1orh. You must mean VSP not ISP. Nobody who got an ISP in the US at least was able to try and sit it out. VSP (voluntary separation package) could decline and wait to see. ISP (involuntary separation package) is just that--involuntary. In the US they had about 15 minutes before their laptops were confiscated and they were walked out of the building by HR. Some sites had armed guards on the ready too.

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Post ID: @2wmz+LjgjFf7

no details on the package, but the major difference seems to be that the affected people already got their termination letter. that is different to ISPs where people still had to accept the package first, and they could just try to sit this out.

but it looks like intel is done fudging around. They simply terminate people now with a package. of course those people can go to court and they might even win. but HR knows that most people won't do that.

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Post ID: @1orh+LjgjFf7

Hahaha. Aufwiedersehen, Nuremberg! Good luck with the job search.

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Post ID: @1ejp+LjgjFf7

I think it's safe to say this is ACT2, @akk. Or... maybe a better way of calling it would be ACT 2016 & ACT 2017. That's clearer to people because last year's ACT isn't over. BK said it would happen in various ways THROUGH mid-2017. We aren't there yet.

Personally I prefer calling them by the year, not 1, 2, 3, etc. i

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Post ID: @wrs+LjgjFf7

@rqj - Any specific details on the packages? If they are much lower than last year, it might indicate this is actually the first phase of ACT2, as far as I know all or most of the people laid off last year as part of ACT1 got the same (good) packages.

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Post ID: @akk+LjgjFf7

I'm not surprised @rqj. We've been hearing for a while now that packages going forward aren't going to be as good as ACT 2016. Well, at least for the near future. That might change years down the road.

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Post ID: @eqm+LjgjFf7

People who got laid off in Nuremberg today didn't get nice packages. They have some time to look for internal jobs, but then they are out. And there really aren't many internal jobs right now.

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Post ID: @rqj+LjgjFf7

Lots of cold comments here.

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Post ID: @gtd+LjgjFf7

Close all Christian country. Intel belongs to Indian and Muslims!

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Post ID: @nsc+LjgjFf7

You can't dig a ditch against a relocation. Says so in your work contract.

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Post ID: @ncm+LjgjFf7

ACT2 is just getting started ... buckle up, it's gonna be a bumpy ride.

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Post ID: @bux+LjgjFf7

Time will tell.

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Post ID: @ydg+LjgjFf7

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