Thread regarding IBM layoffs

About 5K GM salaried workers take buyouts, avoiding layoffs

https://finance.yahoo.com/news/5k-gm-salaried-workers-buyouts-163036974.html

"U.S. salaried workers are being offered one month of pay for every year of service, up to 12 months. They’ll also get COBRA health care and part of the bonuses they would receive this year."

A rather generous severance package -- not like what we get from those Cheap-A$$ Basturds in IBM Management and HR! A recent comment from one of my retired IBM co-workers pretty much summed up the situation: "IBM Senior Management gets Golden Parachutes ... And we get Golden Showers!" 😒

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12 months is good but 27 months is better…https://torontosun.com/opinion/columnists/chaudhri-2023-starts-off-with-bang-as-employee-awarded-27-months-of-wrongful-dismissal-damages/wcm/fe97a546-5af6-4aa6-9a5c-e5745d91d194/amp/

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