I'm 4 weeks away from my voluntary redundancy. I was planning on leaving the job this year anyway, as I wanted to move, so to get a nice paycheck with it was a definite bonus.

Of the people that chose voluntary redundancy, it was mostly those without ties to the area, those that could move, young enough to re-skill, or old enough to retire. The ones that were forced into redundancy have families, mortgages, history in the area, enough baggage to cause inertia. Part of my reasoning to take the voluntary redundancy was to help save at least one person from that.

So absolutely, consent matters. It just sucks that this is happening at all.

The company's stated reasons for redundancy was to move skills to other locations in the country. This is after a year's long effort to co-locate in order to facilitate collaboration. What it really seems to be is that our location has very high staff retention, and therefore high salaries, and the company thinks it can hire younger and cheaper elsewhere. The skill and knowledge lost with this move is staggering, everyone can see that, but profit is the most important factor the company cares about, so it'll inflict its own wounds to get profit up. Capitalism is weird.

My work did this a few years ago and one guy who was planning on retiring took it. He got a full extra year of pay and 2 or 3 years of medical insurance out of the deal.

Absolutely, I'd happily take a redundancy payout from my current job.

That's what I was looking for in the article but nothing is mentioned.

I was laid-off in 2022 and got a pretty nice severance, and my new job pays 40% more. I wish I had known how relatively quickly I was going to find another job because I would have enjoyed my time off a lot more. I personally don't know anyone who has been laid-off and ended up worse off.

Yeah but they don't do anything anymore. They create nothing, they innovate nothing, they build nothing. They're a "service company" now. It's not at all a shock that they're failing to anyone but them themselves. IBM should never have green lit that brainless brain drain shift of focus.

Our tech leans heavily on AS400s, if you can believe that. And we have 98% market share in our space. They're complex, but they work, and don't fail.

🎵Throw some severance coin to your Witcher🎵

~~Absolutely not! ChatGPT is a large language model and cannot generate images.~~

ChatGPT can have a little image gen once in a while as a treat.

Except if the severance package is BS and they don’t find enough volunteers (but hey! They tried!) and people get volunteered

Generally it is proffered with a severance package that invalidates the unemployment. The package is likely better than what you'd get with unemployment and saves the company money by not increasing their unemployment insurance.

AI BM