Laying off employees in the US needs a 60 day warn notice before termination and it seems they would avoid that by laying off in sprinkles. What is the idea ?
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We all know last day has to be June 30 as they don't want to start with pay raises on July 1st for those who will be affected. For those that remain they may not even get pay raises some of them may. Which means majority of those who remain will be low performers not deserving a raise or those that will get a minimal raise hike. It is unclear how they have not sent out a warn notice yet half way thru May
&an Your statements “In all my years at Intel, they are never the first ones to a trend, they only start doing something once other companies do it.” will not applicable this time because no other tech companies are losing tons of $$$ like Intel (loss $821 million in Q1), laid off PG is step 1, hired LBT is step 2, and then step 3 will be 20k layoffs.
@an... when have companies been successfully sued for laying off employees? Intel pays far to generous severance packages to worry about successful lawsuits. Even if they go to paying the minimum required you still have little chance of winning. Companies only lose in labor lawsuits when they ignore the established laws. ie: Musk type tactics
@an layoffs need to happen ASAP as said by LBT. And before RTO in Sept. We all have 3 months
I'm knocking on wood, but I genuinely think Intel will not layoff anytime soon. In all my years at Intel, they are never the first ones to a trend, they only start doing something once other companies do it. Ergo they are waiting for other companies to do layoffs to justify any serious headcount reduction, using that as a shield to prevent being sued.
I don't believe OP has been warned about the layoff sprinkles.
If company pays employee at least 2 months in severance, which Intel almost always does, it's considered in lieu of WARN notice, and company's a-s is covered.
WARN notice is a joke. If the company is not notified, the company will just pay a $500 fine per day.
@a1 is the notice period still 60 days before last day?
The larger layoff WARN notices lagged the notifications last time by a couple days. They notified the folks impacted then the raw numbers showed up.