Microsoft offers buyouts up to 7% of US employees
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Microsoft offers buyouts up to 7% of US employees
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Re: Microsoft offers buyouts up to 7% of US employees
#2> employees will be eligible if their years of work at Microsoft plus their age totals 70 or more, with some exceptions.
Seems like a voluntarily retirement offer for older employees
Re: Microsoft offers buyouts up to 7% of US employees
#3> employees will be eligible if their years of work at Microsoft plus their age totals 70 or more, with some exceptions. Seems like a voluntarily retirement offer for older employees
I bet they spent a long time figuring out if it was age discrimination or not
Re: Microsoft offers buyouts up to 7% of US employees
#4> employees will be eligible if their years of work at Microsoft plus their age totals 70 or more, with some exceptions. Seems like a voluntarily retirement offer for older employees
I bet they spent a long time figuring out if it was age discrimination or not
People who are 60 often get early retirement offers, don’t see this any different.
Re: Microsoft offers buyouts up to 7% of US employees
#5Isn't this one of the things IBM did multiple times through the late 90s and early 2000s? Is Microsoft the new IBM?
Re: Microsoft offers buyouts up to 7% of US employees
#6So the goal is to get rid of the people who have all the internal knowledge?
Re: Microsoft offers buyouts up to 7% of US employees
#7So the goal is to get rid of the people who have all the internal knowledge?
Yeah domain knowledge is expensive. Can you imagine how much it would cost to run a business where everyone knows the ins and outs of all of the customer use cases?
Re: Microsoft offers buyouts up to 7% of US employees
#8So the goal is to get rid of the people who have all the internal knowledge?
Speaking as a greybeard, it's not really that valuable. Younger people are just as smart, if not smarter, and they can figure it out if I get hit by a bus. There's literally nothing I know that someone younger couldn't learn or figure out.
Re: Microsoft offers buyouts up to 7% of US employees
#9So the goal is to get rid of the people who have all the internal knowledge?
They’re probably not the only people who keep the lights on. And if a few people are gate keeping information, you already have a problem that needs fixing.
Re: Microsoft offers buyouts up to 7% of US employees
#10A lot better than what Oracle offered their laid off employees which was `Severance includes 4 weeks' base salary plus 1 week per year of employment.`