Catch up on stories from the past week (and beyond) at the Slashdot story archive

 



Forgot your password?
typodupeerror
Note: You can take 10% off all Slashdot Deals with coupon code "slashdot10off." ×
Businesses

Submission + - IBM offers retirement with job guarantee through 2013 ->

dcblogs writes: IBM is offering employees who are nearing retirement — and may be worried about a layoff — a one-time voluntary program that would ensure their employment through Dec. 31, 2013. The program, described in a letter addressed to IBM managers, "offers participants 70% of their pay for working 60% of their schedule." Participating employees would receive "the same benefits they do today, most at a full-time level, including health benefits and 401(k) Plus Plan automatic company contributions." IBM isn't offering the program in lieu of U.S. workforce cutbacks. In 2006, IBM employed about 127,000 in U.S. The Alliance@IBM, a CWA local, now estimates the U.S. workforce at around 95,000. How far IBM will go in cutting gets debate, including one radical estimate.
Link to Original Source
This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

IBM offers retirement with job guarantee through 2013

Comments Filter:

The goal of science is to build better mousetraps. The goal of nature is to build better mice.

Working...