Thread regarding Intel Corp. layoffs

Redundancy Ireland, just got package

I'm an MT G57 I make €1450 per week before tax. I've been offered full package. 65 weeks at 1450 per week and 26 weeks at 600 per week so around €110k. Not bad considering I've have done a tap of work for the last 3 years.

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| 2689 views | | 6 replies (last May 4, 2016) | Reply
Post ID: @OP+He3YHiX

6 replies (most recent on top)

How did ye get away without doing a tap of work for last 3 years ? Did ye get poor focal review in last few years ? Was it presented as optional or """"Recommended"""" that you should take it ????

Seems to be 3 lists of employeees that are eligable in Ireland ,

  1. Anyone with bad review over last 2 years ( IR or SL4/5) ,

  2. Anyone in a grade for over the average number of years + no 'Exceeds' in last 4 years ,

  3. Anybody over 58 years old, - redundancy+Intel will pay pension contributions till they are 65 ( This is defo. the best of the lot ) .

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Post ID: @dmi+He3YHiX

Very good package, take it and run! I wish we had the same labor laws and protection in US. This country has officially slipped into a third-world slum for middle class. ENJOY you time!

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Post ID: @qqs+He3YHiX

It's subject to normal tax rules. Voluntary severance is not the same as a redundancy payment.

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Post ID: @jhh+He3YHiX

Good-bye, Sir!

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Post ID: @ooj+He3YHiX

Congrats OP! Are you taking the package?

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Post ID: @ssh+He3YHiX

It that taxable?

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Post ID: @wdk+He3YHiX

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