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To: PapaBear3625
IBM has not been publicizing their downsizing.
If a company lays off 100 or more employees at the same time, they are required to publicize it by Federal Law.
30 posted on 04/29/2012 8:39:19 AM PDT by oh8eleven (RVN '67-'68)
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To: oh8eleven
If a company lays off 100 or more employees at the same time, they are required to publicize it by Federal Law.

The federal law says:

A WARN notice is required when a business with 100 or more full-time workers (not counting workers who have less than 6 months on the job and workers who work fewer than 20 hours per week) is laying off at least 50 people at a single site of employment.
You can get around this by having the layoff numbers be under the threshold at any one time, moving people around, and spacing the layoffs in waves.

Also, IBM has a program where they are transitioning to contract workers. So you're told that you can keep your job for a while if you move your job to a contracting basis. Then when contractors are laid off, there is no reporting requirement.

36 posted on 04/29/2012 8:49:21 AM PDT by PapaBear3625 (In a time of universal deceit, telling the truth is a revolutionary act. - George Orwell)
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