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Intel Faces Age Discrimination Allegations Following Layoffs (engadget.com)
Intel is under investigation for potential age discrimination in its approach to layoffs initiated in 2016, according to a report. Engadget: The Wall Street Journal has learned that the US Equal Employment Opportunity Commission is investigating claims that Intel's large-scale layoffs discriminated against older employees. In a May 2016 round that cut 2,300 workers, for instance, the median age of those let go was 49 -- seven years older than those who remained. The EEOC hasn't decided whether or not it will file a class-action lawsuit against Intel, but the affected people will be free to pursue civil lawsuits if the regulator doesn't find enough evidence to pursue its own case. The EEOC isn't allowed to confirm or deny investigations. However, an Intel spokesperson categorically denied that age played a role.
And they had higher health care costs.
We really need to remove health care as an incentive to lay off older people and an anchor on business profits that prevent them from competing with companies in countries where business doesn't pay for health care.
It's so funny because *everyone* gets old. It's in *everyone's* interest to prevent age discrimination.
She was like chocolate when she drank... semi-sweet at first and then increasingly bitter.
Why keep paying these guys high salaries when fresh college grads will do the work for a fraction?
Because they have more experience.
Despite their many virtues, fresh college grads still need adult supervision and mentoring.
Real-life example. We had three software products to deliver to the Government every quarter - Solaris SPARC, X86 and Firmware patches. Each took a week to research, generate and package manually and was usually done by the newest, youngest, cheapest, and least experience team member. I worked with him one cycle (I was his mentor) and wrote a Perl script that automated almost the entire process enough to produce all three products in one afternoon.
Guess who they laid off?
Of course, they laid off their most experience Perl programmer, so I'm not sure who's maintaining my script, but it's not my problem anymore.
It must have been something you assimilated. . . .