VSPs will be offered to everyone that did not get an outstanding or promotion in the last 3 years

Information has been leaked to Oregon live that VSP's will be offered to everyone that did not get an outstanding or promotion in the last 3 years.

This is to allow anyone who wants to leave to take a great VSP package and leave Intel and also be eligible to re hire in the future. I think you will have to wait 6 months before joining back though. Also eligible people will be getting automated emails regarding the VSP process at 6am Monday morning.

As for ISP's managers and 2nd level managers will be notified on Monday and need to set 1:1's with people that will be getting ISP's HR will be present at all sites between Monday and Friday next week and will work with managers on giving out the ISP packages.

Repost from @H4O5vzD

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7 replies (most recent on top)

where is the link

I believe the rumors of "O or EE in the past 2/3 years" but just O or promo? That's a giant number of people, and I'm fairly sure they'd lose more than 12k people with that criteria.

That said, OP's criteria would do what they want - skew towards older people in higher grades, since RCG's tend to promo quickly.

This dude copy pasted a post that was posted yesterday by someone who got 5000 views

Ironically, I qualify for ISP as I received an S/SL4 this past focal (I won't even bother explaining why the SL4 was b.s.), but I would not qualify for VSP since I received a promo in the past 3 years. :) Lovely.

This is Not gonna happen buddy

Basically 80% of Intel employees qualify for VSp. We are doing great guys. Only if everybody offered take the package we will be done with Intel.

Wow, I can't wait to swipe my badge tomorrow morning. What a GPTW.

Thread regarding Intel Corp. layoffs

VSPs will be offered to everyone that did not get an outstanding or promotion in the last 3 years

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