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I don’t know their motivation but if their goal was “fewest layoffs with most money saved short-term”, it would be hard not to bias layoffs toward more senior p
by makecheck 8y ago
I don’t know their motivation but if their goal was “fewest layoffs with most money saved short-term”, it would be hard not to bias layoffs toward more senior people. Senior, highest-paid employees don’t have to be the oldest but probably are.
Of course, that isn’t necessarily a good idea for other reasons (losing all that ingrained knowledge and experience, etc.). It would mainly make sense as a desperate short-term cost savings.
- Bartweiss 8y agoThis is certainly possible, but I'd be a bit surprised if Intel was cutting costs that naively - I don't think they're as strapped for cash as the businesses that make this move. When IBM did this, they were intentionally targeting age qua age - their internal documents set age/experience targets rather than salary ones, and claimed that a younger "tech-native" workforce would produce better results. Admittedly, they seem to have had some monetary motives too, but even those were shady: by firing older workers who couldn't get new jobs, they turned them into a pool of contract workers without pensions or benefits.