Not one person I know is happy about layoffs and nobody is looking forward to being laid off. Not a single soul. Yet I keep reading on this forum about people who can't wait for severance and would even volunteer if there was a chance. If this is such a prevalent opinion, where are you all hiding at work? Or could it be that you are just posturing on an anonymous board and all of you are as scared as the rest of us?
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Where is someone more likely to be honest about negative feelings toward a company: on an anonymous message board, or around their fellow employees where it can blow back on them in a dozen different ways?
It would be pretty stupid to talk positively about layoffs with fellow employees, especially since they are under threat of layoff too and you might offend them.
I guess it just feels insulting for the people fearing being laid off, to hear others 'bragging' that they are 'In heaven' with the possibility of being laid off and can't wait to be out of here.
I'm never happy about layoffs though, even if they might benefit me. Terrible for those remaining.
Folks like me, who are planning to retire soon anyway. Turning down an offer might be the equivalent of working for free.
Or those who have other options for employment who might like the extra $$$.
@diw the person said they were still there 4 years later so no, they didn’t get the VSP at the time. The moral of the story is that if you volunteer for VSP and are not given it, you may be ‘marked’ suffer at the hands of management later.
Different geos may have different opinions on that based on available employers. I know of jobs going outside of Intel where you think you're getting an IC role only to discover you're essentially a dotted line engineering manager to inexperienced folk in a geo with incompatible time zones. That does not work for many people.
Don't get that. You said to someone who was covering for your manager that you'd take VSP and they pass this up the chain and you end up taking a VSP.
How on earth have you been "stabbed in the back"?
I once mentioned to a non-manager who was covering for my manager while they were on sabbatical that I would take a VSP if it was offered. That non-manager repeated what I said to my managers boss, and that trickled down to my manager when they returned.
When confronted about it I confirmed what I said and followed up with exactly why. Nothing really came from it until about 4-years later when I was laid off w/severance, but the point is TRUST NO ONE. You never know who my stab you in the back given the chance.
There is no where to hide. The spreadsheet is telling Pat what to do and everyone is on that spreadsheet. May be call in sick. Use your sick days or get Covid.
@ksx.. Soooo what makes you think everyone wants or need to get another job?? I guess if you are still in your early days then sure, be worried, polish your resume, and play smart next time you so can last longer on your next job but some of us that have fought the good fight and have survived many cuts and have put many years of hard work and dedication at Intel, we WILL BE IN HEAVEN by the end of next month and you can take my words to the bank(or at least mine ;)) . peace.
(To the people who claims to be in heaven in anticipation of severance)
If you were indeed employable elsewhere you wouldn’t give up 100k+ in lost compensation just to collect some severance. If you get a decent offer outside Intel, it can increase your TC by 100k on average. For me it was 150k.
So cut the bulll. And focus on interview prep instead of trying to act cool on a layoff forum. It’s frankly pathetic.
@ OP.. Not hiding, I am right here! Front and center. What makes you think that no one is looking forward for this ?
There are a lot of Intel employees that for X or Y reason may have been ready to move on already but as you may know, if you just resign you just get a "goodbye" and "thank you for your hard work" type of message but nothing more. Why not get almost a full year pay in some cases while moving on as you had planned?
Why now look forward for a good severance package that also qualifies you for unemployment since you are being layoff rather than quitting while you move to your next phase in life?
Sure, if you were not looking forward to leave Intel and this is a surprise for you if you get affected, I understand and I am sorry to hear that but don't assume everyone is on your same situation since that is not the case.
I am ready and not only I am waiting to be called but I have already proactively and aggressively volunteered to be put in that list which makes my management work much easier as they don't have to deal with all the complex logistics and emotional toll on vetting who will be affected. This is also very hard and tough for manager at least the ones that care for their employees since not only they have to select which employees need to go but they have to also give them the news and this has nothing to do with performance.
If you are on that right spot were your currently role is not as critical and can be zbb'd at this time, then you are golden if you want to move on right now and your management WILL help you since they don't want to deal with all this cr-p either.
I hope the best for you and the ones that gets affected that were not looking forward for this but for the rest of us that have been waiting for this payoff day, we are in heaven. It is just business, and it works both ways.
I know of two friends that would take the VSP if it was offered.
Some of us are high performers that have bled blue for many years but have also grown tired of the fear and are numb. What you may fail to understand is that sometimes closure is less scary than the next round you have to wait for in 6 mos or a year. Also, some of us realize that not being the one that is laid off means 2-3 times the work with no additional pay once people are gone. So while I understand your fear, I for one put money away over the years so I will have options when the time comes so I no longer have to live in fear. I may not be as open about it as others but I do identify with those on here who hope to get cut because at least there is closure and hey if you get a few bucks along the way well… better than qbp will likely be. Just my 2 cents.
Some may be hoping for an ERP or VSP. Getting an ISP will leave a bad taste in your mouth for years, even if it comes with some $$$ and you get a new job somewhat quickly.
Even getting a VSP ca. leave a bad taste, as last time it came with a “You’re next” email that they disabled print and forward on (everyone just took smart phone pix of it).
How many people do you know that are 55 to 65? Those are the folks that don't mind too much of they get laid off.