Thread regarding Intel Corp. layoffs

When you are presented with you ISP package do you have to decide right there if you want 12 months of medical or 6 months + 9,000.

by Anonymous
| 1565 views | | 4 replies (last April 26, 2016) | Reply
Post ID: @OP+H6VnLoh
Comment! It's anonymous!

4 replies (most recent on top)

so you didn't get any additional severance at all? Just salary to end of May?

So wondering if the table below is correct...

http://www.oregonlive.com/silicon-forest/index.ssf/2016/04/intel_layoffs_heres_what_emplo.html

by Anonymous
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Post ID: @uno+H6VnLoh

packages

http://www.oregonlive.com/silicon-forest/index.ssf/2016/04/intel_layoffs_heres_what_emplo.html

by Anonymous
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Post ID: @gff+H6VnLoh

That really sucks sorry to hear that

by Anonymous
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Post ID: @aqs+H6VnLoh

No, with an ISP (involuntary severance plan), I get paid through the end of May (I've worked at Intel just over five years), and other than that, I just got walked out. Of course they are providing placement services, I haven't looked at that yet.

I can't comment on VSPs (voluntary severance plans) since I didn't get one.

BTW, a focal rating of "successful" and level 4 stock in two of the past three years was my criterion for layoff. There may be others.

by dalebinaz
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Post ID: @jsk+H6VnLoh

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