4 weeks of pay + 1.5 weeks of pay for each full year of service. Not to exceed 47 weeks.
Pay in lieu of time in Redeployment 9 weeks
Additional Separation Bonus 8 weeks
Capstone Bonus Eligibility: Non-Exempt - Grade 6 $10,000
APB Payment: APB prorated based on the number of months worked within the calendar year
Healthcare Benefit: Below age 63.5: 18 months of Intel-paid COBRA premiums.
Age 63.5 and above or below age 63.5 and entitled to Medicare due to receiving Social Security Disability Insurance (SSDI):
Healthcare cash payout as follows:
Employee only $15,000
Employee + 1 dependent $30,000
Employee + 2 dependents $45,000
Employee + 3 or more dependents $52,500
Not Required
Healthcare Bonus: $20,000
External Career Transition Services: 6 months
22 replies (most recent on top)
According to our admin, the details are that the package will be a documents with words on it, but that's not important right now.
@d4 Those being terminated for IR or found to be violating company policy (remarkably easy to do) do not get a package.
It may be group specific, but some are being given 2 months notice instead of getting a package. This is usually where they are needed to help shut down the business or train their (outsourced or low cost geo) replacement.
Sure looks like the days of packages that serve as anything more than a couple month stipend to tide one over till they can get another job are gone.
This looks like the ESP from 2015. This time around it’s different. As Judge Smales put it “you’ll get nothing and like it”.
package this time around is an intel bunny suit plushie from intel store and optane ssd from unsold inventory delivered right to your door
@OP no rsu accelerated vesting this time around or you just forgot to list it?
I had enhanced retirement in November. Numbers look right except for healthcare cash payout - not sure what that is. Did have the 20K "healthcare bonus". I had a friend reach out to me last week that is being let go - he said he received the package info in an email.
Last year, some (many) were able to opt in to ERP (Early Retirement Package) if they qualified, or VSP (Voluntary Separation Package). The ERP was guaranteed acceptance, the VSP was department-specific. My group happened to need to make some cuts, so my VSP was approved.
The talk for this round (June/July 2025) is that there is NO ERP and NO VSP, only ISP (Involuntary Separation Package) and that this package IS the same as last year's package that the VSP/ISP folks received.
But who could have seen this coming? There was no way to tell Intel was gonna do more layoffs after the last one….
That’s sarcasm, it should’ve been obvious to everyone, the writing was on the wall
Yeah, that ERP was the way to go.
Not saying You Shoulda Taken The Package, but maybe you should have.
Separation packages this time (and likely going forward) will not be for everyone.
It is group specific and may not include those who are terminated for being IR or for other performance reason.
You know, like sitting in the cafe all day on your phone, thinking of new, stupid ways to troll Intel on this site.
News Flash: that is not work.
25 dollars in kudos debit card?
I have been laid off and I received a severance package. I am engineering. Maybe it is different for factory technicians.
They have said there zero packages .. zilch…. Nada
No package details have been posted. This is all cr-p just to spin people up. Cpm specific details for the USA have not been published yet.
@ OP STFU
Don't listen to OP. This was last year's package. There will be a standard package, not an enhanced one.
I don’t know. This is starting to feel fu---d for anyone impacted
ERP is negotiable with your manager and/or VP. If you don't ask then you get regular package.
this package is for last round, isnt it? didnt hear company offer any retirement nor volunteer separation this round
Wrong. There is no enhanced retirement this time. Stop spreading misinformation
Troll
Where are they finding money for this?
I’m not saying OP is full of sh-t, but every employee communication sent out so far had said Enhanced Retirement will not be offered this round.
Fake news