I have seen this before. Don’t remove those close to retirement age, remove the next in line. Then you get twice the bang for the buck & achieve your total layoff goals with less actual layoffs. Layoffs are bad press. The real issue is that millennials aren’t as tolerant & their pensions are portable. They have been leaving at a high rate. The oldies are cut, the youngsters leave. Who’s left, the brown nosers, who spend more time s---ing up than working & the poor few left that carry all the burden. A recipe for further company decline. With electric & autonomous just around the corner. The big 3 with all that legacy cost are in real trouble. Yet the CEO can get a pay rise???
This post by @Zah0t2n-6qav couldn’t be any truer. Felt it deserved to be reposted