I'd echo this, the old IBM redundancies weren't necessarily bad for the recipients. My uncle got made redundant by IBM in the 90's having spent his whole career

I'd echo this, the old IBM redundancies weren't necessarily bad for the recipients. My uncle got made redundant by IBM in the 90's having spent his whole career there from university. He got a pretty good severance package and pension, which he's now been able to draw for 25+ years...