https://www.tomshardware.com/tech-industry/intel-offers-irish-employees-voluntary-severance-packages-up-to-500k-euros
I hope we can have similar package in US.
8 replies (most recent on top)
Very few people will reach 500k limit. Grade 8 salary in Ireland barely touches 100k (base pay). So you can imagine.
Wow did I get ripped off by my U.S. company when I got laid off after 20 years - 1 week for every year.
Its 2 + 5 = 7 weeks per year. If you work for 7 years, you get close to 500k.
Where all this money coming from? I thought Intel was almost bankrupt. No?
The max is €500K I seriously doubt anyone will hit that. Wages in Ireland are really low compared to US.
Average salary in Ireland is ~100k so payout will be €200k is more realistic.
I’d take that … jeez , I’m being offered 3 in UK
On top dogs, average is 100k
5 weeks per year after two years of serivce.