Thread regarding Intel Corp. layoffs

CPM email out about 10 minutes ago

It will let you know if you’re eligible. Looks to be by group.

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Post ID: @OP+1tRH5gTU

16 replies (most recent on top)

SMG employees got the mail

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Post ID: @1ute+1tRH5gTU

everyone in TD. except few (mask design and out of state)

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Post ID: @1xrm+1tRH5gTU

ISP = VSP minus a couple of support items (job search and such).
ERP is a different animal.

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Post ID: @1gbc+1tRH5gTU

The payout is like 4 weeks, plus 1.5 x years of work. So unless you have a lot of years, no good reason to volunteer for CPM. You will be let go sooner by a few weeks (4 or more) then if they cut you involuntarily, so the difference would be 1.5 x years of work, at most. Otherwise, once you are out, you are out, no difference. Better use the time to prepare for job searching.

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Post ID: @1hac+1tRH5gTU

Everyone in TD got the VSP offer?

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Post ID: @1vuj+1tRH5gTU

Received the exclusive invitation for enhanced retirement package

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Post ID: @1bwt+1tRH5gTU

If you got the email are you taking the offer or waiting to see if you survive ISP?

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Post ID: @1vyu+1tRH5gTU

TD was sent to everyone in TD ? I got it.

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Post ID: @1hmj+1tRH5gTU

Eligibility is in the Email that's sent out.
For SATG it is low cost Geos, Grade 12+ and contractors/Interns

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Post ID: @xjn+1tRH5gTU

IFS out

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Post ID: @arg+1tRH5gTU

FMSC out

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Post ID: @bgl+1tRH5gTU

"let you know if you’re eligible" how?

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Post ID: @oyt+1tRH5gTU

Nothing from DCAI yet

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Post ID: @qqo+1tRH5gTU

CCG out

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Post ID: @axi+1tRH5gTU

SATG out

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Post ID: @thu+1tRH5gTU

TD went out

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Post ID: @vdx+1tRH5gTU

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