Thread regarding Intel Corp. layoffs

List things that may help the worker during the layoff time?

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| 1071 views | | 15 replies (last November 8, 2024) | Reply
Post ID: @OP+1vmbylD7

15 replies (most recent on top)

WRT to #3 the deafening silence of your safe co-workers. Can you say more about why that happens?

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Post ID: @2cgx+1vmbylD7

How about a cool $5 million US !

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Post ID: @1cqt+1vmbylD7

"== Skill Training Programs "

where are they? Thanks

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Post ID: @1hji+1vmbylD7

One Month for 1 year Service, No caps

Group Insurance coverage for another 10years(we are not US employees)

Call me with a Job offer after 12months, same Pay and Grade will be a Bonus.

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Post ID: @1mlt+1vmbylD7

You will go through all these emotions/stages -

  1. "I was getting cool performance reviews, delivering results, then why did it happen to me?"
  2. "Everyone says it is never about your performance, it is business/budget decision. Still then..why me? May be I am not worth keeping around"
  3. The deafening silence of your "safe" coworkers. Yes, no matter how cordial and friendly you were at work, went out of your way to help with their problems at work, you will not hear a word from your so-called "part of the family" teammates. You will be treated as if you got a plague or something. This is an imp life-lesson. Learn to care more about what your actual family, your kids, your real friends think of you. And you will be surprised how they stand with you in this hour and show how amazing you are.
  1. You will start questioning your self-worth, go through #1 and #2 again and again. Best advice to avoid that spiral is to keep yourself busy with learning that brand new online course or a skill you always wanted and you know will be needed in next job hunt.
  1. Ultimately dust yourself and your resume off, just as you would do after a bike accident. One door closes 10 more open for you, that is actually how it is! If you know you were performing well in this company, you can perform even better elsewhere. Layoff is never a reflection of your abilities, its a result of terrible management practices and decisions. So if it is not your personal failure, why to take it personally?
  1. Structure your entire day just like your full-time job. Only this time, you are working for your skills, and search for an even better position. You got this, just channel that anger into getting things done! All the best.
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Post ID: @nsw+1vmbylD7

Get off this site - it is likely to increase your stress. Take a walk outside instead.

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Post ID: @iti+1vmbylD7

Masterthebaitstation. Studies show it reduces stress and anxiety.

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Post ID: @yff+1vmbylD7

If you're under 55, stay liquid, don't get a 401k, and put your money in a high interest savings account while the economy collapsed. Early 401k withdrawal penalty is too high and chances are you lost money. If you have enough savings, then buys some gold and silver. Don't buy a car or home, just keep cold hard cash.

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Post ID: @prp+1vmbylD7

If you are over 55 and qualify for penalty free 401K withdrawals and can afford to retire, consider it.

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Post ID: @ohq+1vmbylD7

Can you please help to avoid layoff instead?

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Post ID: @kcf+1vmbylD7

Food banks, food stamps, unemployment checks, getting rid of the car, sell belongings, rent a cheaper apartment, and don't get a lower paying job out of desperation if possible.

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Post ID: @ead+1vmbylD7

It was dead hard, but when I left my job:

  1. I had a runaway for 2+ years.
  2. My wife kept working.
  3. I had been writing code for 15+ years, large corp jobs, full time.
  4. I had a network of friends and companies who could hire me or provide freelance work if needed.
  5. I come from a super poor background originally. I wasn't afraid to lose all and start from scratch.
  6. Wife covered health thru her employer
  7. And some more...

It worked out…

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Post ID: @rff+1vmbylD7

mental health support during layoffs is the key... losing a job can make people feel really sad, worried, scared about what comes next, it gets haotics..it feels overwhelming. people who are cut feel like they aren’t good enough... but its not their fault they are still discarded.

having someone to talk to, always helps - it helps with understanding the feelings and feel less alone or less abandoned...

maybe set up support groups, try orgqanizing talking with others.

maybe meditation works too, never tried but many recommend it.

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Post ID: @uas+1vmbylD7

Just give me a good severance and I am good. Be generous.

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Post ID: @sbw+1vmbylD7

Here is my stab:
== Severance Packages
== Outplacement Services
== Mental Health Support
== Transparent Communication
== Career Transition Resources
== Skill Training Programs
== Networking Opportunities

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Post ID: @baw+1vmbylD7

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