Thread regarding Intel Corp. layoffs

Negotiating package - Germany

I have a strong feeling I will be fired. My manager told me that his manager asked for my insights and told me if anyone from my team will be fired it will be you. So my question is how should I negotiate the package? is it negotiable at all or not?

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| 2911 views | | 6 replies (last January 15, 2023) | Reply
Post ID: @OP+1jgJCW2i

6 replies (most recent on top)

It's copy exactly, no negotiating. When you are laying off thousands at a time you can't negotiate or you will end up in a legal quagmire.

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Post ID: @1rzpj+1jgJCW2i

German employees make much less than US counterparts doing the same work. The money disparity can be thought of as being saved for a bigger severance. It’s a trade off.

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Post ID: @1rijn+1jgJCW2i

So the employees who are being laid off, are sucking more money from Intel as they exit. Cool. And we wonder why Intel is not doing well.

(Btw, I also believe that Pat shouldnt get paid what is being paid, and I think he wont be paid as much because stock is in the blackhole).

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Post ID: @vyj+1jgJCW2i

Last time in 2015-2016 layoff 80-90% of the employees in Germany didn't accept the initial exit package and then negotiated for more and they actually got more

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Post ID: @yyn+1jgJCW2i

I find the idea of negotiating a bit bizarre.

You're fired and here's your package. What's to negotiate?

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Post ID: @giv+1jgJCW2i

“Manager asked for my insights and told me if anyone from my team will be fired it will be you”

I’ve heard a lot about the directness of German culture/communication but jeez. I suppose it’s preferable in some ways to the US - my manager assured my whole team that we are all amazing, special little snowflakes and they’re sure we will all be fine. I’d almost prefer a direct assessment of my standing so I can end the anxiety of not knowing and start to move on/job search; consider yourself lucky in that way.

Honestly I don’t think there will be much room to negotiate, but I’m not familiar with German HR law. Here in the US, it’s usually a take-it-or-leave it X number of weeks salary as a base, plus usually a week or so per year of service to the company, HR support in finding a new job, and COBRA benefits (very expensive way to extend your company provided healthcare benefits.) In return you sign an NDA and agree not to sue the living daylights out of them (not that you’d probably succeed in that anyways.)

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Post ID: @kng+1jgJCW2i

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