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IBM fired up to 100,000 older employees to attract millennial workers, says lawsuit
BigThink ^ | Aug 2 2019 | Stephen Johnson

Posted on 08/30/2019 12:35:43 PM PDT by rintintin

IBM has been accused of firing thousands of older employees over the past few years as part of a rebranding strategy to appeal to millennial workers.

Some former employees have filed lawsuits against IBM. In one civil case, former VP of Human Resources Alan Wild said IBM had "laid off 50,000 to 100,000 employees in just the last several years" in order to make itself seem like "[a] cool, trendy organization," like Google or Amazon, and not like "an old fuddy duddy organization." These statements were obtained court document filed Tuesday in Texas

(Excerpt) Read more at google.com ...


TOPICS: Business/Economy
KEYWORDS: ibm
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1 posted on 08/30/2019 12:35:43 PM PDT by rintintin
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To: rintintin

Still true after 60 plus years.

I’ve
Been
Moved


2 posted on 08/30/2019 12:37:04 PM PDT by Responsibility2nd
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To: rintintin

I believe it, make IBM an example, sue the pants off of them.


3 posted on 08/30/2019 12:37:54 PM PDT by Jmouse007 (Lord God Almighty, deliver us from this evil in the name of our Lord and Savior Jesus Christ, amen.)
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To: Jmouse007

Good tag line prayer.


4 posted on 08/30/2019 12:39:27 PM PDT by Redcitizen (Tagline not secure.)
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To: rintintin; All

Reducing overhead. Fire the $150k senior folks and replace for 1/2 the cost.


5 posted on 08/30/2019 12:39:51 PM PDT by Cobra64 (Common sense isn’t common anymore.)
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To: rintintin

The old Fuddy Duddys were hired back as contractors and still run things. They replaced me with four Brazilians in 2006 and had to hire back some of our team to act as ‘backups’.


6 posted on 08/30/2019 12:40:26 PM PDT by dljordan
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To: rintintin
IIRC a case regarding older workers being laid off/fired to make way for lower paid replacements was,some years ago,decided by SCOTUS in favor of the company doing the firing.
7 posted on 08/30/2019 12:41:09 PM PDT by Gay State Conservative (A joke: Brennan,Comey and Lynch walk into a Barr...)
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To: Cobra64

A younger workforce means they pay less for their health insurance.

This is one of the reasons why it would be good to decouple health insurance from employment.


8 posted on 08/30/2019 12:41:11 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: Cobra64

Exactly, save millions on payroll for new corporate slaves who have no idea how to deal with management.


9 posted on 08/30/2019 12:42:33 PM PDT by Bayard
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To: dfwgator

“This is one of the reasons why it would be good to decouple health insurance from employment.”

I know, right? Medicare for all!


10 posted on 08/30/2019 12:42:44 PM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: Cobra64

With people who don’t know crap about the job and them they lose business because of lack of performance.


11 posted on 08/30/2019 12:42:45 PM PDT by DarthVader (Not by speeches & majority decisions will the great issues of the day be decided but by Blood & Iron)
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To: rintintin

One engineering company I worked for fired most of their key older engineers, replaced them with much younger engineers with no more than two years ago experience. The kids were supposed to copy what the old guys did on previous projects. You seen one chemical plant, you seen them all, besides, have to present that young cool trendy image. And how did that work out?


12 posted on 08/30/2019 12:43:02 PM PDT by Fred Hayek (The Democratic Party is now the operational arm of the CPUSA)
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To: dfwgator

Eliminate another employee benefit?


13 posted on 08/30/2019 12:43:10 PM PDT by Cobra64 (Common sense isn’t common anymore.)
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To: rintintin

As others have said, fire the older high paid workers, and hire in younger folks for half the salary.

Any final ear pension growth can then be waived.


14 posted on 08/30/2019 12:44:12 PM PDT by DoughtyOne (This space for rent.)
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To: Fred Hayek
And how did that work out?

Boom!?
15 posted on 08/30/2019 12:44:47 PM PDT by chrisser
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To: Bayard

Sadly they may not be able to change a light bulb either ... but, hey, lower wages....


16 posted on 08/30/2019 12:46:15 PM PDT by Rurudyne (Standup Philosopher)
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To: Cobra64
Eliminate another employee benefit?

I'd rather get paid more, and then get my own health insurance. Also I'd like to keep working until I'm in my 60s.

17 posted on 08/30/2019 12:46:25 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: rintintin

Ah, but not because they were younger, because they “possesed needed skills”. Not because they were cheaper but because they were “more diverse”.

Public companies will not make a move involving RIF or restructuring without 100% approval from Legal and HR.


18 posted on 08/30/2019 12:46:48 PM PDT by bigbob (Trust Trump. Trust the Plan.)
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To: Jmouse007

Happens all the time. Once you’re over 55, it’s tough to get a job.


19 posted on 08/30/2019 12:49:44 PM PDT by Blood of Tyrants (Where does it say in the Constitution anyone is entitled to the property another has labored for?)
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To: rintintin

Ageism. This has been worse than “racism.”

Fully qualified, superior older workers pushed out by Ford and many many others to make room for younger little twerps who have confidence without competence. Then industry fails.

And the young ones don’t feel motivated to go to shopping malls or to buy things at local retail. They are used to gazing at a screen for 21 hours a day and buying there. Now they often don’t even buy cars or houses. So the economy and nation we built is being killed by the young ones. The Eloi. (H.G. Wells The Time Machine).


20 posted on 08/30/2019 12:50:06 PM PDT by frank ballenger (End vote fraud,harvesting,non-citizen votforbing & leftist media news censorship or we are finished.)
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