4 ms·

Never seen one myself but it's entirely possible for a business to solicit volunteers to be laid off [1] or take early retirement [2]. [1] e.g. http://www.nygu

Never seen one myself but it's entirely possible for a business to solicit volunteers to be laid off [1] or take early retirement [2]. [1] e.g. http://www.nyguild.org/time-inc-news-details/items/spots-illustrated-announces-layoffs.html http://www.nyguild.org/time-inc-news-details/items/spots-ill... [2] e.g. http://www.wcpo.com/money/local-business-news/kroger-offers-early-retirement-to-2000-corporate-employees http://www.wcpo.com/money/local-business-news/kroger-offers-...

cobookman 9y ago
+1 I had many co-workers at yahoo do a voluntary layoff. It's a great gig btw. If you were already planning on leaving instead of quitting you get a few months severance
drdeadringer 9y ago
I've seen at least one at Lockheed (Sunnyvale) between 2009 and 2013. People close or at retirement age and still working were encouraged with packages. Then came the rounds on involuntary.
mlindner 9y ago
Yes, the notable one I know of ULA (United Launch Alliance) doing a bunch of volunteered lay offs where they went around asking their old timers to see if they would be willing to go into retirement.
irishcoffee 9y ago
I had a friend who worked at a company asking for people to be voluntarily laid off. They paid for grad school, and this got said person out of owing them years of service in repayment. Saved someone else from being laid off, and said person was able to find a job they liked much better.
- nojvek 9y ago
  I think that is reasonable. "Folks our company didn't do well this year, we can only sustain X at out burn rate. We are willing to extend Y offer until Z date for those of who are willing to volunteer for a lay off" Much better than firing by force.
  - aianus 9y ago
    Would this not select for firing your best workers (who aren't worried about finding another job)?
    - talaketu 9y ago
      It provides incentive for those disposed to leaving anyway.
    - usrusr 9y ago
      It does. But if you do the opposite, the layoff is likely to still inspire those best people to start looking on their own if they did not already do so before. And they are the ones most likely to find something and follow through. Layoffs often have an echo effect, where a wave of layoffs is followed by a wave of resignations. Open offers fold that second, unpredictable wave into the controlled first one. If the nature of your business requires a certain amount of workforce continuity, the added predictability of an open offer can be well worth it.
southphillyman 9y ago
I once had the fortune of working at a company that offered voluntary lay offs while I was in the middle of negotiating an offer at another company. I basically ran to the HR office to volunteer in exchange of multiple months of severance.

cobookman 9y ago

+1 I had many co-workers at yahoo do a voluntary layoff. It's a great gig btw. If you were already planning on leaving instead of quitting you get a few months severance

drdeadringer 9y ago

I've seen at least one at Lockheed (Sunnyvale) between 2009 and 2013. People close or at retirement age and still working were encouraged with packages. Then came the rounds on involuntary.

mlindner 9y ago

Yes, the notable one I know of ULA (United Launch Alliance) doing a bunch of volunteered lay offs where they went around asking their old timers to see if they would be willing to go into retirement.

irishcoffee 9y ago

I had a friend who worked at a company asking for people to be voluntarily laid off. They paid for grad school, and this got said person out of owing them years of service in repayment. Saved someone else from being laid off, and said person was able to find a job they liked much better.

nojvek 9y ago
I think that is reasonable. "Folks our company didn't do well this year, we can only sustain X at out burn rate. We are willing to extend Y offer until Z date for those of who are willing to volunteer for a lay off" Much better than firing by force.
- aianus 9y ago
  Would this not select for firing your best workers (who aren't worried about finding another job)?
  - talaketu 9y ago
    It provides incentive for those disposed to leaving anyway.
  - usrusr 9y ago
    It does. But if you do the opposite, the layoff is likely to still inspire those best people to start looking on their own if they did not already do so before. And they are the ones most likely to find something and follow through. Layoffs often have an echo effect, where a wave of layoffs is followed by a wave of resignations. Open offers fold that second, unpredictable wave into the controlled first one. If the nature of your business requires a certain amount of workforce continuity, the added predictability of an open offer can be well worth it.

southphillyman 9y ago

I once had the fortune of working at a company that offered voluntary lay offs while I was in the middle of negotiating an offer at another company. I basically ran to the HR office to volunteer in exchange of multiple months of severance.