Intel Reportedly Planning to Conduct “Mid-July” Job Cuts
What’s Happening at Intel?
Intel is reportedly planning to further scale back its staffing levels in “mid-July.”
According to multiple media outlets, including Tip Ranks, Intel Foundry — the tech giant’s internal manufacturing arm — is likely to be the hardest hit by the job cuts.
The bombshell update comes after reports surfaced that the company was looking to reduce its workforce by approximately 20% in April.
SEE ALSO
• Google Offering Buyouts to Several Teams in June
• Layoffs in Canada: Insights on Employers Slashing Staff
Next Steps for Intel Employees
If you’re fired or let go from Intel, understanding your legal rights is crucial.
Non-unionized employees in Canada’s tech industry are entitled to severance pay. This includes individuals working full-time, part-time, or hourly in Ontario, Alberta, and British Columbia (BC).
The amount you’re owed is based on a variety of factors, including your role, tenure, age, and ability to find similar work.
📺 WATCH: Everything Non-Unionized Employees Need to Know About Severance Pay
Key Severance Facts:
- Compensation: Severance packages, which can be as much as 24 months’ pay, may include salary, bonuses, commissions, and other forms of compensation. Use our firm’s free Severance Pay Calculator to better understand your entitlements.
- Deadlines: You generally have up to 2 years from the date of your termination to review and negotiate severance offers.
- Action steps: Consult an employment lawyer at Samfiru Tumarkin LLP to ensure your severance package is fair and aligns with Canadian employment laws.
For a broader understanding of your severance rights, visit Intel Layoffs: Your Rights and Severance Pay Explained. You can also use our free Pocket Employment Lawyer to get real-time insights.
Lost Your Job at Intel? Contact Us
If you’ve been fired or let go from Intel, the experienced employment law team at Samfiru Tumarkin LLP can help.
Our lawyers in Ontario, Alberta, and BC have helped tens of thousands of non-unionized individuals resolve their workplace issues.
Call us today at 1-855-821-5900 or request a consultation online.
You must consult your union representative regarding termination, severance pay, and other workplace issues. By law, employment lawyers can’t represent unionized employees with these issues. They’re governed by your collective bargaining agreement.
Disclaimer: The materials above are provided as general information about the rights of non-unionized employees in Canada. It is not specific to any one company and SHOULD NOT be read as suggesting any improper conduct on the part of any specific employer, or a relationship between Samfiru Tumarkin LLP and a specific employer.
About the Author
Lior Samfiru
Lior Samfiru is a Founding Partner at Samfiru Tumarkin LLP and the Practice Leader of the firm’s Labour & Employment Law Group. Known for his advocacy and success representing both employees and employers, Lior exclusively serves clients in Ontario, where his extensive experience has made him one of Canada’s most sought-after employment lawyers.
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