Thread regarding Intel Corp. layoffs

400 IT positions will be eliminated by end of April 2014. This will count towards the 5% staff reduction quota that was planned earlier. Good job, retards. So, in the end we will cut over 5000 resources, some fortune 500 companies have less than 5000 employees... The folks will be offered the 'redeployment' option - accept a severance package and leave immediately, or stay on the job for two months while you search for a different position w/in Intel. If you haven’t found another job by the end of the period, you lose your job and receive a smaller severance. Good luck to us all.