“Through 2016, our analysis found that between the time older workers enter the study and when they leave paid employment, 56 percent are laid off at least once or leave jobs under such financially damaging circumstances that its likely they were pushed out rather than choosing to go voluntarily.”
And this probably was brought on by a worthless Harvard MBA who was running the firm for which he worked. Harvard MBAs are among the most worthless people with whom I have ever had contact. They are imbued with the mistaken idea that their $hit doesn’t stink, although they know really very little about business and they treat people around the deplorably. The country would ream untold benefits if Harvard was to cease to exist. Yale should probably suffer the same fate.
+1
another way to part the elderly from their assets.
Those worthless MBAs ain’t only from Harvard, but I LOVE ‘EM anyway!
They convinced NYNEX that the reason the company was doing so poorly was all us 50+ year old workers....so they made us an offer I couldn’t refuse...and I didn’t.
Of course this solved all the company’s problems so well that before it came time for me to leave, NYNEX was bought out by Bell Atlantic, the MBAs were all out of jobs and BA was making additional offers to stay for a few more years to those of us ready to leave.
I got to retire at 54 and was able to assist in taking care of my folks for their last two years.
Ivey League delenda est.
Then some of the dumb powers that be in the company decided that MBA's from Harvard and Yale and other ivy league places were better able to run the top jobs in the company. They brought them in, most did not have love or allegiance to the company like some of the long term employees that had been there since they were 20. Huge resentments resulted, and maybe a decade later AT&T no longer existed.
At&T owned Bell Labs for Gods sake. They employed Kernagie and Richie, the writers of Unix and the C Language, they owned it all and let it slip away with Harvard and Yale at the helm.
I believe if one was to do a study, one would find that Harvard MBA's have probably ruined more companies than one could count.
this probably was brought on by a worthless Harvard MBA who was running the firm for which he worked. Harvard MBAs are among the most worthless people with whom I have ever had contact. They are imbued with the mistaken idea that their $hit doesnt stink, although they know really very little about business and they treat people around the deplorably. The country would ream untold benefits if Harvard was to cease to exist. Yale should probably suffer the same fate.
Yale deserves to be in the same trash can as Harvard. Throw GW and Georgetown into the East Coast evil bastards.
In the west coast, Stanford and USC are like the Ivy league evil bastards.
That mirrors my experience.