Thread regarding Intel Corp. layoffs

ISP folks -- What did they just pay us today??

Hard to account for what's been paid or not because we don't see our paychecks anymore..

But I see my last May 31st paycheck today, and a good amount of pay that must be 1.5x month's pay. Does anybody know if this is correct? Did Intel just pay us 1.5x pay? or is this the first 6 weeks required from the WARN ACT?

I am trying to understand how much I am still owed. Thanks

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Post ID: @OP+HCCcvmA

18 replies (most recent on top)

@HCCcvmA-3wzc: last paycheck SSP payout, sabbatical payout (if eligible) + 6 weeks pay

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Post ID: @4ifr+HCCcvmA

Any further details on the 3 payments made to the bank account on May 31?

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Post ID: @3wzc+HCCcvmA

I think I may know what the third deposit was. It looks to be about the amount of the balance left on my FSA card less taxes. Since the FSA card is being suspended at the end of employment, they may be sending the remaining amount back to us less the taxes since this was all pre-tax money in the first place.

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Post ID: @2fth+HCCcvmA

My pay check in CA is visible at the bank but will not deposit till May 31st. What payments are you seeing ?

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Post ID: @1wsp+HCCcvmA

I am in CA. I only got two deposits.

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Post ID: @1fbe+HCCcvmA

I'm in OR. No deposit for me. nothing yet. How do you explain that ?

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Post ID: @1abo+HCCcvmA

I'm in CA too, I got 2 deposits! I don't know why the other ones got 3 deposits !

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Post ID: @1vbt+HCCcvmA

Maybe the third is vacation / sabbatical pay?

Intel's only paying those in states that require it.

By the way, in my state, the employer is required to pay vacation days unless the employee received written notice of a policy against paying vacation on separation. I don't recall such notice or training (my on-boarding was about as half-as#s as it came), but did others?

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Post ID: @1sku+HCCcvmA

I only got two deposits; last paycheck + a big one. I am in CA. Why others got 3 deposits?

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Post ID: @1bdm+HCCcvmA

Lol they thought they were in the money. Forgot fed needs feeding

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Post ID: @1mud+HCCcvmA

So what the % withholding on the big check?

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Post ID: @1xjz+HCCcvmA

I'm ISP-ERP and I'm struggling to figure it out too. I got three deposits to my regular checking account, but nothing has shown up in my savings direct deposit (yet anyway)

One looks like it might be six weeks pay, one might be one year of APB, and another is smaller but makes no sense at all. I'm in AZ so I won't be getting any sabbatical or vacation.

I guess I'll have to wait for the paystubs to get here in the mail.

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Post ID: @bhc+HCCcvmA

And most of them i know got new jobs as well incl. me, so this a bonus for us, but wishing you great luck ahead as well buddy.

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Post ID: @pex+HCCcvmA

@paa don't worry you are next, by then we will all be happy with our next endeavors and you will feel what it feels reading such comments

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Post ID: @bnu+HCCcvmA

Nope that's it. Enjoy

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Post ID: @dwz+HCCcvmA

My guess is 6weeks + sabbatical + 3 weeks vacation, i don't think we received the last pay check yet. Hopefully, that comes out on may 31st.

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Post ID: @olc+HCCcvmA

Yup today is your last day. The cord is being cut. You are on your own. No more free money (or fruit)

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Post ID: @paa+HCCcvmA

Got three separate deposits; last paycheck, sabbatical and another big one. I need to see the deductions to figure out as it seems more than I expected. Perhaps they stripped things like healthcare insurance, 401k and stock.

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Post ID: @vnj+HCCcvmA

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