My site is closing....i want out of this place anyways. my fear is getting offered relo (EE S1/ and S/S2) . can you turn down relo and take vsp? saw the slide for ISP and it looks pretty good. any idea what vsp will be
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Does anyone know what is the timeframe time frame for offering relocation for site closures?
Hedging point is Site consolidation vs Site closure,
Closure has the offer to take VSP
Consolidation, likely not,
Else the folks getting moved out of JF to RA to make room for the WA incoming would be offered VSP
http://www.oregonlive.com/silicon-forest/index.ssf/2016/04/intel_layoffs_heres_what_emplo.html
Looks mostly accurate. The site has it broken out by specific years -- but from what I heard it was a sliding scale for # of years served and how much paid time you get.
Freebirs posted: thanks for the info! anyone have tips of what the vsp will be like? better then the isp?
I came across this link which seems to accurately gather most of the rumors going around. Hope it helps.
http://www.oregonlive.com/silicon-forest/index.ssf/2016/04/intel_layoffs_heres_what_emplo.html
thanks for the info! anyone have tips of what the vsp will be like? better then the isp?
Rumors are that ISP has already started. Is this true?
I think that depends on the relocation.
If it's "you have to move out of state" then I bet you can take the VSP.
If it's "you have to drive an extra 10 minutes to this other location" then probably not.
Talk to your manager. IF they don't have the answer, they'll find out for you.
I recall from BK' s bum he said that if a site relocates some will be offered relocation. However some who may not wish to move, due to family etc would have the option then to take vsp. At least that is what I recall.
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