Thread regarding Intel Corp. layoffs

ISP Question

ISP paperwork given on April 25th says 8 weeks + "1X APB"

Paper work sent by Intel (received today) says: 6+2 weeks of pay (if you return the signed docs) = 8 weeks

BUT no mention of 1X APB..... any thoughts?

A note for some who are patiently waiting but not getting the packet: I moved last year and did NOT update my new address in the Intel database while still being employed. Intel sent all the material to the OLD address on file EVEN though I provided the CURRENT address while going through the exit interview!!

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Post ID: @OP+HzUlTLV

3 replies (most recent on top)

Paid using a formula. Not a blank 1x apb. Apb divided by number of weeks of severance pay you get.

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Post ID: @2kjx+HzUlTLV

Correct. No mention of APB and if they pay out sabbatical. There was a mention of pension not being affected, though.

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Post ID: @1pst+HzUlTLV

It will be paid

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Post ID: @1upk+HzUlTLV

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