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| schestowitz | >>> From 2023: | Sep 30 05:05 |
|---|---|---|
| schestowitz | >>> | Sep 30 05:05 |
| schestowitz | >>> https://www.theregister.com/2023/04/24/ibm_red_hat_layoffs/ | Sep 30 05:05 |
| schestowitz | >>> | Sep 30 05:05 |
| schestowitz | >>> One employee was paid $250,000 to do nothing, they hoped he would | Sep 30 05:05 |
| schestowitz | >>> quit and find another job instead of demanding a severance payment. | Sep 30 05:05 |
| schestowitz | >>> | Sep 30 05:05 |
| schestowitz | >>> | Sep 30 05:05 |
| schestowitz | >>> https://fortune.com/2023/01/25/ibm-layoffs-3900-kyndryl-watson-health/ | Sep 30 05:05 |
| schestowitz | >>> | Sep 30 05:05 |
| schestowitz | >>> Budget of $300 million for 3,900 redundancies | Sep 30 05:05 |
| schestowitz | >>> (average $76000 per person, although some of the people only had very | Sep 30 05:05 |
| schestowitz | >>> short employment or lower skilled jobs) | Sep 30 05:05 |
| schestowitz | >>> | Sep 30 05:05 |
| schestowitz | >>> The article mentions $10.5 billion free cashflow | Sep 30 05:05 |
| schestowitz | >>> | Sep 30 05:05 |
| schestowitz | >>> | Sep 30 05:05 |
| schestowitz | >>> https://www.thelayoff.com/t/1mj1y6du | Sep 30 05:05 |
| schestowitz | >>> | Sep 30 05:05 |
| schestowitz | >>> Mentions gag orders for receiving payments above the statutory expectation. | Sep 30 05:05 |
| schestowitz | >>> | Sep 30 05:05 |
| schestowitz | >>> | Sep 30 05:05 |
| schestowitz | >>> | Sep 30 05:05 |
| schestowitz | >>> From 2009 redundancies: | Sep 30 05:05 |
| schestowitz | >>> | Sep 30 05:05 |
| schestowitz | >>> https://www.computerworld.com/article/2523233/ibm-plans-lump-sum-severance-for-those-laid-off.html | Sep 30 05:05 |
| schestowitz | >>> | Sep 30 05:05 |
| schestowitz | >>> Lump sums: 2 week's pay for every 1 year of service | Sep 30 05:05 |
| schestowitz | >> | Sep 30 05:05 |
| schestowitz | >> In many companies they still use HR tricks to claim you're not even | Sep 30 05:05 |
| schestowitz | >> entitled to anything. IBM has a large army of lawyers, so if you | Sep 30 05:05 |
| schestowitz | >> disagree with them, prepare to pay lawyers for a long time and maybe | Sep 30 05:05 |
| schestowitz | >> you'll even become lucky. | Sep 30 05:05 |
| schestowitz | >> | Sep 30 05:05 |
| schestowitz | >> Workers' protections have not been good in recent years, maybe | Sep 30 05:05 |
| schestowitz | >> decades. NDAs are used to deny people access to precedents. | Sep 30 05:05 |
| schestowitz | > | Sep 30 05:05 |
| schestowitz | > | Sep 30 05:05 |
| schestowitz | > Yes, but people sometimes leak them and a small number of cases did go | Sep 30 05:05 |
| schestowitz | > to court. | Sep 30 05:05 |
| schestowitz | > | Sep 30 05:05 |
| schestowitz | > If anybody is getting a lawyer to pursue their redundancy benefits then | Sep 30 05:05 |
| schestowitz | > it may be useful for the victims' lawyers to be able to browse through | Sep 30 05:05 |
| schestowitz | > articles that have been tagged or categorized in some way | Sep 30 05:05 |
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