●● IRC: #boycottnovell @ Techrights IRC Network: Wednesday, September 27, 2023 ●● ● Sep 27 [00:45] *jacobk has quit (Ping timeout: 2m30s) [00:53] *jacobk (~quassel@6wygwq2t5e2hw.irc) has joined #boycottnovell [00:56] *MinceR gives voice to jacobk ● Sep 27 [01:17] *jacobk has quit (Ping timeout: 2m30s) [01:17] *jacobk (~quassel@6wygwq2t5e2hw.irc) has joined #boycottnovell [01:18] *MinceR gives voice to jacobk [01:47] *u-amarsh04 has quit (Quit: Konversation terminated!) [01:47] *u-amarsh04 has quit (Quit: Konversation terminated!) [01:53] *u-amarsh04 (~amarsh04@9df4i6m36ezj2.irc) has joined #boycottnovell [01:53] *u-amarsh04 (~amarsh04@freenode-310501.g0d7.dtdf.mc4289.IP) has joined #boycottnovell ● Sep 27 [02:03] *MinceR gives voice to u-amarsh04 ● Sep 27 [03:06] *jacobk has quit (Ping timeout: 2m30s) [03:13] admfubar https://www.theatlantic.com/ideas/archive/2023/09/airlines-banks-mileage-programs/675374/ [03:21] *jacobk (~quassel@6wygwq2t5e2hw.irc) has joined #boycottnovell ● Sep 27 [04:25] *u-amarsh04 has quit (Quit: Konversation terminated!) [04:25] *u-amarsh04 has quit (Quit: Konversation terminated!) [04:26] *u-amarsh04 (~amarsh04@9df4i6m36ezj2.irc) has joined #boycottnovell [04:26] *u-amarsh04 (~amarsh04@freenode-310501.g0d7.dtdf.mc4289.IP) has joined #boycottnovell [04:52] *jacobk has quit (Ping timeout: 2m30s) ● Sep 27 [05:04] *jacobk (~quassel@8cgmbeq9ipg9s.irc) has joined #boycottnovell [05:55] *admfubar has quit (Ping timeout: 2m30s) ● Sep 27 [06:03] *admfubar (~admfubar@ngqaam7baxnug.irc) has joined #boycottnovell [06:26] *jacobk has quit (Ping timeout: 2m30s) [06:41] *jacobk (~quassel@32hz32it3ih2k.irc) has joined #boycottnovell ● Sep 27 [09:35] *MinceR gives voice to u-amarsh04 jacobk admfubar ● Sep 27 [10:56] schestowitz Re: IBM redundancy payment policies [10:56] schestowitz > Hi Roy, [10:56] schestowitz > [10:56] schestowitz > Have you received anything more specific about severance payments and [10:56] schestowitz > lump sums? [10:56] schestowitz > [10:56] schestowitz > - what IBM has been paying out? [10:56] schestowitz > [10:56] schestowitz > - what Red Hat has been paying out and whether it is identical to IBM? [10:56] schestowitz > [10:56] schestowitz > - the guy who got $250,000 to do nothing? [10:56] schestowitz > [10:56] schestowitz > - any other unusual cases? [10:56] schestowitz > [10:56] schestowitz > Regards, [10:56] schestowitz > [10:56] schestowitz > [10:56] schestowitz > From 2023: [10:56] schestowitz > [10:56] schestowitz > https://www.theregister.com/2023/04/24/ibm_red_hat_layoffs/ [10:56] schestowitz > [10:56] schestowitz > One employee was paid $250,000 to do nothing, they hoped he would quit [10:56] schestowitz > and find another job instead of demanding a severance payment. [10:56] schestowitz > [10:56] schestowitz > [10:56] schestowitz > https://fortune.com/2023/01/25/ibm-layoffs-3900-kyndryl-watson-health/ [10:56] schestowitz > [10:56] schestowitz > Budget of $300 million for 3,900 redundancies [10:56] schestowitz > (average $76000 per person, although some of the people only had very [10:56] schestowitz > short employment or lower skilled jobs) [10:56] schestowitz > [10:56] schestowitz > The article mentions $10.5 billion free cashflow [10:56] schestowitz > [10:56] schestowitz > [10:56] schestowitz > https://www.thelayoff.com/t/1mj1y6du [10:56] schestowitz > [10:56] schestowitz > Mentions gag orders for receiving payments above the statutory expectation. [10:56] schestowitz > [10:56] schestowitz > [10:56] schestowitz > [10:56] schestowitz > From 2009 redundancies: [10:56] schestowitz > [10:56] schestowitz > https://www.computerworld.com/article/2523233/ibm-plans-lump-sum-severance-for-those-laid-off.html [10:56] schestowitz > [10:56] schestowitz > Lump sums: 2 week's pay for every 1 year of service [10:56] schestowitz In many companies they still use HR tricks to claim you're not even entitled to anything. IBM has a large army of lawyers, so if you disagree with them, prepare to pay lawyers for a long time and maybe you'll even become lucky. [10:56] schestowitz Workers' protections have not been good in recent years, maybe decades. NDAs are used to deny people access to precedents. ● Sep 27 [13:41] *u-amarsh04 has quit (Quit: Konversation terminated!) [13:41] *u-amarsh04 has quit (Quit: Konversation terminated!) 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