Scrolling through linkedin and so many experience employees leaving feb 5th. Did something happened why is there such a large heard of people leaving at once?
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Permanent termination is a LAYOFF! People might hope they will get called back to work but that never happens anywhere. A furlough is temporary.
RE: "It is called layoffs ! "
NO it's NOT! It is a Permanent Termination. In a "Layoff you can possibly be brought back to your place of employment and pick up where you left off. That DOESN'T Happen at IBM!
Nothing new here. Move along.
Here's the juicy details from an age discrimination lawsuit from Langley:
https://regmedia.co.uk/2019/07/31/ibm.pdf
:Begin of quote:
On December 6, 2016, Brown informed Langley that he was going to lose his job via a layoff, or
as IBM calls it, a “resource action.”5 This conversation is corroborated by emails from Brown and
Langley.6 After learning he would be laid off, Langley sought to obtain a new position within IBM as he had done many times in the past when technology shifted or changed.7 He applied for positions through both formal and informal means.8 However, this time his search ran aground when he was repeatedly advised there were mandates for external hiring, HR impediments, and the requirement of high level executive approval.9
On or about June 30, 2017, Langley’s employment from IBM was permanently terminated.10
After his termination, Langley received a letter from IBM congratulating him on his “retirement.”11 A call to IBM revealed the internal classification for Langley was “resigned/retired,” even though he had been involuntarily terminated.
:End of quote.
Feb 15th is the last day for those who got laid off in January. I’m seeing the same on LinkedIn. The sad thing is that they’re calling it retirement and not lay-off.
Not sure about GTS, but definitely the US Lab Services organization..
Boomers need the dividend and the executives need their bonuses regardless of company performance
GTS employees? Which locations?
Another huge batch of experienced folks last day is Feb 15th. Very sad!
It is called layoffs !