I have a $7m net worth, two paid off homes. I still kind of don't want to be laid off after 25 years. I have $400k of unvested stock which means I make $400k a year the next 3 years. How about all you other Intellionaires?
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A supposedly $7M net worth that in any decently invested portfolio is adding >$500k a year is debating working for 3 more years to vest $400k of stock with its own taxes.
Sure you are. lol
I dont believe OP has even $7 after a layoff.
First, congrats! Intel employees should learn from you and that is to pay more attention to your 401K and stock portfolios! That's quite an achievement and most can achieve this as well, if they just pay attention to their portfolios more. Sc--w the passion part of the job, Intel will lay anyone off on a whim, especially with these dy*kes as CPO's...
Disgusting level of greed!
Is that guilt I’m sensing or just pure gold toilet bragging?
Eat it. I dare ya.
Same troll here? “Worth $7M no Liabilities”
https://www.thelayoff.com/t/1ky2j7kvs
If you're a millionaire, why are you working? You're taking a job away from someone.
F-c k u & Intel for stealing our money OP.
You should return your millions dollars back to pay Intel billions dollar debts fool OP. Id--ts like you destroyed this company every day.
When I first started working at Intel I met a PE one night at a local bar which I guess is a G10. (I wasted a decade at Intel and no one ever explained the grade levels to me... go figure!). All he could do was brag that he was a PE and kept saying he doesn't know what he does there. He had a younger 49er wife who kept hitting on my friend right in front of him. Found out those type of relationships were pretty common at Intel. No wonder that job always gave me the creeps! True story.
Haha. I have seen many like you over the years. HotTip…it doesn’t end well. Give an undeserving id--t a few bucks and it always ends up in a sh-t show. You’re right on track OP as proven by this post.
peasants in a p*ssing contest about w2 money, so amusing
We know who you are. Now you just need to do all the things people like you do... Take up golf, Buy a BMW and start fu--ing your best friend’s wife.
@OP are you one of those day tradering managers on the def Met team Oregon?
I am wondering with that much of money why you are still at this sh-t place and not in Dubai or Cancun to party ?
Thanks OP, I'll buy more INTC!
@cq lol it’s the fact that he called himself a grade 10 big shot for me😂….🥴 you are definitely not a G10 for sure! Just some mindless troll looking for the next trending target
So you in your infinite G10 wisdom choose to come brag about your supposed net worth on a site you know is frequented with trolls then get offended when they bash you. If you are a grade 10 with that level of cognizance then I hope they CPM you soon. You're definitely trending that way if you only have 400k in unvested stock for 3 years. Your manager is lowballing you for a reason.
@ca A million dollars isn't cool. You know what's cool? A trillion dollars.
I dont believe OP didn't stole 7M before layoffs.
First, this is not a troll. It is factual. You can hate it all you want. If you are young or have mismanaged your career and are 50+ still whining about ACT and SET, I am sorry. I made good investments and Intel enabled me to do so with an evolving career.
I know a bunch of G9+ retirees or forced retirees and every one is a millionaire. It isn't uncommon for Intel workers at all. Further, you don't have to be an executive.
But, this forum is full of Intel ACT layoff haters. Too bad we are on track to massive share gains and insane success.
@bw Here's a summary of healthcare options from my experience:
- COBRA - Available only for 18 months after termination, but this is what you need to use until you've done enough research to determine what's right for you.
- Private health insurance - By far the least expensive option if you are healthy. Use a health insurance broker to help you find a plan. You will have to authorize them to review your medical records. Pre-existing conditions may be excluded and you may be denied a policy altogether. Insurers can also deny renewal of your policy later and you'll be forced to choose another option.
- ACA - price and quality vary drastically. It's actually more expensive than COBRA for an equivalent plan without subsidies (and you're NOT going to get subsidies the same year you get laid off with a 25-year severance package). However, ACA can also be very cheap if you choose a lower quality plan and know how to manage your income to be eligible for subsidies. If you decide to go with ACA, you definitely want to stay on COBRA until the end of the calendar year that you get laid off.
- Intel Retiree Medical Plan - available only if you're retirement eligible when you are terminated. It currently costs $18K/year PER PERSON for retirees and their spouses under 65 years old and it's nearly identical to the insurance available to current employees. It's eye-wateringly expensive, but to be fair, there are ACA plans that are lower-quality and more-expensive without subsidies.
Totally fake troll thread.
OP has posted this before.
@G10bigshot, you naming yourself that gives it away. Get something better to do with your life instead of trolling people….
Totally not a bubble. A bunch of boomers hoarding multiple overpriced homes with no one to sell them to worried about RSUs in a bankrupt company that had to be bailed out by taxpayers.
@ak What did you do for medical? I am pretty young still.
Eerily similar except that I DID get laid off after 28 years and lost $330K in unvested RSUs. My net worth is also over $7M including multiple paid-off homes. Getting laid off was the absolute best thing that ever happened to me because it allowed me to look from a different perspective and see the opportunity to improve my life. If I hadn't been laid off, I would've waited at least another 5 years to retire--trading time I couldn't get back for money I didn't need.
Good luck to you, friend.