Thread regarding Intel Corp. layoffs

CPM and MPP

Kudos to Intel for allowing CPM'ers with an MPP payout to change their term date to 12/30 (from 12/31). Resulted in a 50% increase in lump sum payout.

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Post ID: @OP+1kkQ0WHt

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MPP May be applicable for people retiring that were hired before 2014, I think. you can search internally for more info.

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Post ID: @4ezr+1kkQ0WHt

What is MPP? I’m taking the CPM package on 12/31 but haven’t heard about MPP. Fab thing?

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Post ID: @3gpf+1kkQ0WHt

Wow. That makes a huge difference in payout. Do the involuntary folks eligible for retirement (who will be around until February) also get the earlier term date?

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Post ID: @1dxu+1kkQ0WHt

I think that is good and the right thing to do.

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Post ID: @bab+1kkQ0WHt

OP So, you're thankful they threw you some table scraps? Bravo!

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Post ID: @xne+1kkQ0WHt

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