Hacker News new | ask | show | jobs
by chii 1203 days ago
> thin out the ranks of the older employees.

so is this desirable to the company because older aged workers aren't as productive as a younger person? I would've imagined that in most skilled trade, experience accounts for a lot.

4 comments

The article states that this offer is for the white-collar employees

  General Motors will offer voluntary buyouts to a “majority” of its U.S. white-collar employees, according to a letter sent to workers Thursday from CEO Mary Barra.
Older workers tend to be more expensive because of their experience.

This is also a way to "encourage" those considering retirement to do it on your terms.

Lowering salaries. You're not paying Boomer rates to experience folks, you're paying Zoomer rates to noobs, and automating or offshoring the rest.
Maybe. Neither you nor OP nor I know.