Thread regarding General Motors layoffs

Was laid off from GM IT center in Austin on Monday.

My severance was 2 weeks salary for each year of employment. Same for insurance. So I now have 2 months of salary and health benefits. Not much when a person of my age (60+) gets the boot with two years of car and mortgage payments remaining. In my group of 7 + a mgr, 4 were laid off- 3 Level 7B and 1 6B. That's a healthy chunk to that work force to let go.

The market may be good in this area for many...but I feel age will be the potential employer's preliminary deciding factor. Like key-words in a resume', may be good on paper but age will come up at some time during the HR review process. I will persevere though.

Read this morning that GM posted an $8 BILLION profit for 2018....which was due to ALL GM employee work contributions.

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| 1902 views | | 6 replies (last February 8, 2019) | Reply
Post ID: @OP+XwNKDMA

6 replies (most recent on top)

There is no we us etc... it’s just you and your skills. Get out of herd mentality ... good luck with your search

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Post ID: @lrb+XwNKDMA

I am hiring folks 50+ all the time - reliable, no drama, hard working. The energy levels are lower but pretty much everything else compensates. 50+ is just OK for many companies, it'll not be a fit for others but many will certainly consider you at 60... You have good 5 to 10 years to give, they pay may be lower and the role may not be as you expect it but hey, we are not in our prime any more anyway (google compensation levels by age chart, and go to google images - you'll see that around 50 numbers start to drop in aggregate, now, barra does not have this problem but whatever)

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Post ID: @ayd+XwNKDMA

So well summarized

arrogant California subsidiary that misses every deadline,

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Post ID: @yau+XwNKDMA

Sorry to hear about your situation. I faced similar in my early 60s. My advice is to seek out companies that are hiring lots of recent college grads - they want to have some older heads around to mentor/bootstrap the young talent, and get the process ingrained. Talk about your experience, need to mentor and desire to help kickstart some fresh talent. Don't hide your age, own it but don't act it. It can certainly take longer for older peeps to find a place, but there's still a place for you. Whippersnapper.

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Post ID: @yqh+XwNKDMA

OP - you will be fine. I am close to your age and in the same boat in Michigan which is not as good of an IT market as Austin. You are close to the end of the road to get things paid off. I am sure you could get contract work to keep on going until retirement. It s—-s that they did this to us, but we are better than this leadership and we will be fine.

Good luck!

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Post ID: @avt+XwNKDMA

Sorry to hear.

Same here. Similar age now, recruited not so long ago and now this. All to support (coddle) arrogant California subsidiary that misses every deadline, which GM has recently had to effectively admit (after securing pledges of billions from others).

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Post ID: @yom+XwNKDMA

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