Thread regarding Intel Corp. layoffs

Can you ask for more time before signing any paper work

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| 1597 views | | 7 replies (last April 25, 2016) | Reply
Post ID: @OP+H5exgDu

7 replies (most recent on top)

All you sign on your way out the door is a re-affirmation of the IP confidentiality policy which you already signed when you started. The liability waiver comes in the mail.

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Post ID: @pyo+H5exgDu

Can you negotiate the benefits if given ISP especially the medical benefits

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Post ID: @iju+H5exgDu

I think poster @H5exgDu-jeu may be a troll. Every ee must sign the TSA (Trade Secret Agreement) upon leaving Intel. Regardless of which package you are offered (ISP or VSP) you must sign the acknowledgement before any funds or benefits from the package will be released to you. Some ees are understandably upset upon notification therefore they will be given their benefits docs (package details) on the spot and can sign and return them later, typically within the week but the TSA must be signed at same time you relinquish your assets and your badge. You may see notification come out that you are eligible for a program (VSP) but will not receive the details until you meet with your manager who will provide you the docs in person. In most cases, ISP do not get notified via email, they get pulled into a meeting with their manager and HR, given their docs and escorted to lobby. Hope this helps answer your question

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Post ID: @dok+H5exgDu

If there's nothing to sign, then there are no stipulations on your interactions with respect to Intel moving forward? i.e. you can go talk to the press and bad-mouth Intel all you like? You can sue them for wrongful termination (though it may be frivolous)? I just don't see them giving a severance package with no strings attached.

did you have to agree to anything at any point? Or just walk out the door with your box of plaques?

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Post ID: @atz+H5exgDu

Last year they basically put the letter in front of me and said you were laid off. There was nothing to sign. The forms came in the mail. By far they did me a big favor. This place is hell and who wants to work there is out of their mind.

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Post ID: @jeu+H5exgDu

I wonder about this as well. If I ask, "I need a day for my lawyer to look this over before accepting", will they insist you sign it there or lose the package?

If they do that, could you legitimately sue them?

If you sign it because you feel pressured, you certainly would have a legal case to back out of certain stipulations, I think, if you later find them unpalatable. Of course, you'd probably have to pay back your severance, I suppose.

I'm not a lawyer, so this is all speculation, of course.

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Post ID: @ggt+H5exgDu

When I got my VSP in 2012, they made sure it was a 'Bounded' VSP, so 'timing was of the essence there.' I had been pushing out a role I had 'test driven' during my sabbatical, so either way I was saying adios..

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Post ID: @kqq+H5exgDu

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