“people who are sent packing who could potentially have a case for age discrimination or similar. The buyout is the cost of their silence.”
This happened to my friend. He had a pretty strong legal case, but it would have consumed his life for months or years. So he signed the papers and took the package. Wise decision.
I signed no papers and took no package, but am still sadly bitter about the way he and I and others were treated. I wish that SAS would lay off all the managers who treated people badly, and keep the good ones. The company would be better off.
But SAS rarely punishes incompetence, and often rewards sycophants and political players. So I expect future layoffs to be like the past ones, discarding both good and bad people based on salary.
Layoffs and VRBPs improve sales-per-employee and other metrics. They facilitate a sale or IPO. This is a sad ending but we all need to put it behind us. Sad because, long ago, SAS truly was a great place to work.