[quaquaqua1]

It would be very unfair for Boeing to offer 1 week per year served if you leave voluntarily, and then revoke that payment if they forcibly lay you off.

At $OLD_TECH_CORPORATION_MAKING_DATABASES, we received one week per year served after being forced out, plus an additional "free month" of pay as well.

[wonderwonder]

sure, but the reality is that in the beginning of layoffs they will have larger reserves available for severance. As economic hardships mount those reserves will dwindle. Companies pretty much stopped caring about fair a long time ago unless you are lucky enough to have reached the C-Suite. Some companies alter the severance package based on nothing but how much your VP level officer likes you.

[quaquaqua1]

I completely agree, that is totally a nasty risk vector!

Fortunately I am a Boeing shareholder at $139.xx per share, so any measure to cut costs and reduce bureaucracy is welcome in my book. What a world!

[marcinzm]

Companies do not care about "fair" unless it provides them an economic benefit or is contractually required.