Warn notice is not required in advance if thea company will pay out all employees affected, the 60days. Payment can be in lieu of the notice.
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I'm not sure that a generic company-wide notification that there WILL be layoffs would start the 60 day shot clock. There can be arbitrary lengths of time--which can be delayed for a variety of reasons and could even be more than 60 days--from the company-wide notification to the notification to individuals that they will be laid off.
So I would think the shot clock cannot start until the day an individual is positively notified they will be laid off. That date is apparently in early December.
Intel had not filed any WARN notices in California up to October 31st 2022. Therefore, the WARN notices will likely be filed this month with affected employees also notified ASAP. The 8 - 9 weeks of "redeployment" are really a mechanism to meet the legal requirement to give employees 60 days notice of a layoff. Don't give the existing management too much credit or believe they have some expert-level grand plan for deferring expenses into 2023. That is likely not the case. Intel's balance sheet is not looking so good and the cash flow vs. long-term debt is not great so one should really question the abilities of Intel's corporate finance & global finance people. Good luck to everyone.
Not sure. Whether the employees leave 12/31 or 1/1, the biggest cost benefits are the labor cost savings compounded over time.
I think they were going to expense them in '23, but I think the OP is right. The, "window," would start today.
Anybody from accounting here? Is there any reason the company may want to be able to expense layoff related costs in 2023? Could there be some other motive for the company to want the layoffs to go into effect next year?