Comment by JKCalhoun
6 days ago
History suggests the axe may well fall on the remaining if a certain target head-count is not achieved.
Seeing a lot of layoffs lately in tech generally. My sense is that Corporate knows something that the rest of us do not. (Or at least that Wall Street does not.)
I don't think most of the people they will inevitably layoff qualify for this package. age + num years work >= 70. They seem to be per-emptively shielding against age discrimination lawsuits.
And yes, but no. I think we all know what's happening. No one wants to say it out loud.
Yeah, agree. It's a clever way to cull the herd of the ones you would have difficulty laying off (due, as you say, to the appearance of age discrimination).
Next up, whole teams will be axed—not individuals.