Want to read Slashdot from your mobile device? Point it at m.slashdot.org and keep reading!


Forgot your password?
Slashdot Deals: Cyber Monday Sale! Courses ranging from coding to project management - all eLearning deals 25% off with coupon code "CYBERMONDAY25". ×

Submission + - IBM offers retirement with job guarantee through 2013 (computerworld.com)

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.
This discussion was created for logged-in users only, but now has been archived.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:

"Today's robots are very primitive, capable of understanding only a few simple instructions such as 'go left', 'go right', and 'build car'." --John Sladek