Intel Severance Package: Your Complete Guide & Action Plan
Cordant Wealth Partners
DECEMBER 2, 2022
Most recently, Intel announced layoffs impacting 11% of the workforce in the fall of 2022 with a plan to cut $3 billion in costs over the next year. Typically, Intel offers as part of a layoff package a certain number of weeks of pay plus payout of earned benefits and bonus. Tax planning for a transition out of Intel is critical.
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