Thread regarding Intel Corp. layoffs

So wait

Circuit says BU will determine who to send CPM packages to. Then the employee can either accept or decline the CPM package and not volunteer. But those who accept the CPM package, the BU will review their application again ??? Then why the fu-k would they send that employee the CPM package if they will review it again ? Am I missing something or these just plain id--ts in HR ?

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Post ID: @OP+1tOh644z

10 replies (most recent on top)

CPM is Corporate People Movement. Yes, CPM will be sent to all or some, depending on your division managers decisions. Look for work first before agreeing to any such cr-p.

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Post ID: @jbl+1tOh644z

what does cpm stand for?

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Post ID: @kru+1tOh644z

The BU review is just a failsafe in case the number of volunteers exceeds their targets. This only gets reviewed by senior VPs in the BU. Your FLM will not know about it until it gets approved, so most likely all requests get approved.

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Post ID: @wrq+1tOh644z

Circuit says the BU will review CPM applications submitted and can approve/reject. So it's not guaranteed you will get approved for CPM even if you volunteer. That's how I read it

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Post ID: @xlq+1tOh644z

You misunderstood. They will start with retirement offers and voluntary separation. Anyone eligible for retirement who wants to take it gets approved. BU will decide who to approve for voluntary separation. If your BU doesn't get enough volunteers from these two programs, they will select additional folks for additional invoulantary separation.

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Post ID: @opf+1tOh644z

There is a separation estimator that you can use to calculate your payout. If you take the CPM it should turn out to be 13 weeks in your case as you have not completed 1 full year . It's not bad honestly

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Post ID: @pox+1tOh644z

I’ve only been a BB employee for 3-4 months so I assume I don’t get anything and my hope is to not get picked for involuntary CPM?

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Post ID: @xby+1tOh644z

So CPM will be sent to all Intel employees?

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Post ID: @mbn+1tOh644z

I think Christy said BU will give a chance for people to apply for CPM and then BU will review to accept or reject!

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Post ID: @gbb+1tOh644z

My thoughts exactly... after Pat preached about how inefficient Intel is... prime example here probably laid out by CP

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Post ID: @wox+1tOh644z

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