Thread regarding General Motors layoffs

Why would anybody accept this?

GM is not gambling with age discrimination lawsuits since to receive the severance pay package of up to 6 months of pay, the person laid off needs to sign an agreement that they won't sue GM. GM has very smartly targeted those older individuals who are very close to reaching 30 years at GM (which allows them to receive their full pensions at 62 instead of 65). If they force this group out prior to 30 years, it will save GM substantial amounts in pension payments.

Why would anybody that close to retirement accept this? If they get laid off without severance they can just sue for age discrimination for much more than six months of pay - and there are plenty of lawyers who would take that case with no upfront payment. So why sign?

by
| 2461 views | | 9 replies (last July 3, 2019) | Reply
Post ID: @OP+Zvrg3Sq

9 replies (most recent on top)

I would not have signed knowing they were going to replace me with a younger employee who is making more than I did.

by
| | Reply
Post ID: @mjxu+Zvrg3Sq

Lawsuits will happen. Watch for the people they are re-hiring. When the facts change, the paper you signed is no longer valid. Believe it.

by
| | Reply
Post ID: @ekgm+Zvrg3Sq

6 months of severance is a lot of money vs. a low to med odds at best potential that they will win a age discrimination suit and GM would pay.

by
| | Reply
Post ID: @8edy+Zvrg3Sq

Once we receive our last severance payment, I assume we can all join a class action lawsuit against GM without any repercussion. A good place to start might be the Chicago law firm that is handling the class action suit against IBM.

by
| | Reply
Post ID: @8opz+Zvrg3Sq

No one will file the class action lawsuit.

Victims tend to let it go.

by
| | Reply
Post ID: @3aaf+Zvrg3Sq

With the number of “seniors” released I wouldn’t be surprised to see a class action at some point. Unfortunately it will be held up in the legal system for years.

by
| | Reply
Post ID: @3jco+Zvrg3Sq

If you are over 40 and believe you were terminated due to age discrimination, you can still sue even if you signed the letter. Got this straight from a lawyer who specializes in this.

by
| | Reply
Post ID: @3gcf+Zvrg3Sq

Well that's not true. If it was, GM would have been sued SUCCESSFULLY for the past several decades. They have always practiced age discrimination and gotten away with it...and always will.

by
| | Reply
Post ID: @3kxi+Zvrg3Sq

I would think that a first year law student could win the argument that when we signed the severance package, after just being terminated, we were under duress, making the contract null and void. I hope there are lawyers out there looking into this, because from what I’ve seen, they were definitely targeting older workers. I’d love to see a nice age discrimination class action lawsuit.

by
| | Reply
Post ID: @hls+Zvrg3Sq

Post a reply

: