Thread regarding Intel Corp. layoffs

Anyone get a settlement from the Techtopus last year?

It still blows my mind how many people I work with have no idea what Otellini's part was in the Techtopus. And he still works for Intel (BK is his boss). Ethics should be modeled from the top down. And yet no one cried foul about this illicit practice. BK was the quick replacement since PO had to step down before having to answer for it at the open forums.

https://pando.com/2014/01/23/the-techtopus-how-silicon-valleys-most-celebrated-ceos-conspired-to-drive-down-100000-tech-engineers-wages/

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| 1584 views | | 9 replies (last June 1, 2016) | Reply
Post ID: @OP+HEXM3pQ

9 replies (most recent on top)

@HEXM3pQ-nhz you're incorrect, for this suit we received the notice of class action in 2014 and had to log into the system through the link the law firm provided, validate that the job descriptions were valid for past years as well as personal information. In my case there were several years I was in technical PM and systems analyst roles, I validated they had my information correct and then had to register to join the suit. If you didn't register to join by the deadline then you were not included as a class member and didn't receive part of the settlement.

@HEXM3pQ-gjg

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Post ID: @2wep+HEXM3pQ

Yep, I have copies of his emails; Renee's email was worse. One of the reasons I took ERP - as you said, ethics comes from the top, and it's now corrupted on top.

The whole "benchmarking" exercise is also just a wage price fixing scheme.

Plus, did you here the one about the STEM shortage? This is one reason Intel is laying off engineers . . . wait . . . damn, that explains a lot about the product strategy!

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Post ID: @2bem+HEXM3pQ

Are your numbers pre or post tax?

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Post ID: @ndw+HEXM3pQ

Yep got almost io k. Thanks dear lawyers.

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Post ID: @ant+HEXM3pQ

I don't think big 'O' is the only party to blame. The 'no-poach' deal was undoubtedly approved by bot Legal and HR, clearly showing how little they respect the laws of the country. Same as ongoing age and race discrimation.

Sure felt being ridiculed having to endure the damn code of conduct classes.

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Post ID: @nwx+HEXM3pQ

@gjg

"But a lot of employees just threw away the notification to join the class action suit so they didn't get anything. Which leads me to believe that a lot of ee's simply didn't choose to participate in the suit"

That's not how class action suits work. You have to take action to not be part of the suit. If you don't do anything, you automatically receive the class settlement.

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Post ID: @nhz+HEXM3pQ

i got a check for $4600 Christmas week as settlement in the suit...I am not an engineer though I had held what Intel classified as "technical" positions. I've heard that some people got as much as 11K. But a lot of employees just threw away the notification to join the class action suit so they didn't get anything. Which leads me to believe that a lot of ee's simply didn't choose to participate in the suit, which is good for people like me who did :)

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Post ID: @gjg+HEXM3pQ

yep, got 7.5k out of this myself, yep, pretty sure that had a lot to do with PSO exit, yep, ol' Paul is still an active employee.

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Post ID: @cfr+HEXM3pQ

Yes

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Post ID: @kgu+HEXM3pQ

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