I wonder if the 6 month "consulting agreement" is 6 months of non-compete. This statement from the article seems to hint that:
"Jim will be serving at Intel for at least another six months it seems, in the role of a consultant, so it might be that long before he lands another spot in the industry."
Assuming I'm not an expert in some incredibly narrow and lucrative field, if I were being laid off and they offered me fully compensated garden leave (with no offsets) in exchange for a two-year noncompete I'd accept that in a heartbeat and spend that time learning something new in a totally different industry. Thanks for the scholarship!