https://www.marketwatch.com/story/bye-boomer-the-coming-cull-of-workers-over-50-2020-07-29?reflink=mw_share_linkedin
19 replies (most recent on top)
Yours may be the dumbest commentary I have seen here in a while. And that's saying something.
I’m not a boomer but if want to do my job for half pay well then have at it.
Golly gee ... young people sure are helpful. Thank you for all of your helpful advice.
I always laugh when I see these stupid posts about how once we leave here we are doomed, no junior we are RETIRED ... something you will likely never see.
I’m not going anywhere and I am of retirement age. The reason being is T makes it difficult to walk away from great money for easy work! I don’t have to work very hard at all, flexible hours, 5 weeks paid vacation and supplemental health insurance. I’ll continue collecting a pay check until the party’s over! I’d be happy to make room for a younger person, but T has to make an offer!
All I’m going to say is, folks used to retire in their 50’s. My grandparents all retired before 60. 55+ is considered senior citizen according to the AARP.
That being said, the boomers have now worked into their 70s, far longer than any other generation in history. What this has done has been to diminish career advancement for the younger generations. Gen X in particular has been hosed by this. Many of whom are now in their 40s and 50s never went far and are now being passed over due to age by the millinials.
Now I understand why the boomers haven’t retired. the 401k program has been a massive failure. Many folks never saved or didn’t save enough. It was never meant to be the sole means of a retirement fund. It was always supposed to be a supplement to a pension program and SSI. However, at some point folks, you need to move on and finally retire. Things will be just fine. Just as they were when you took over when your parents retired in their 50’s and you were in your mid 30s and got to take over.
I am a boomer. It has been 57 years since my last birth. My fall into boomer habits started when I was very young. My Grandparents grew up during the depression and both served during WW2. The atrocious habits that I acquired from them were honesty, strong work ethics and a solid moral core. Those qualities got me far in my professional and personal life. Then I was recruited to join AT&T. At AT&T none of those qualities meant a thing. They were worthless on the Death Star. AT&T was the first time in my career were the teams that I worked with were more interested in scamming the business to maximize pay than building an organization. The longer that I worked at AT&T the more that I realized that the shadow cast by Level 3 and Level 4 under which the folks on the street operated was responsible for the failure to grow. I remain a proud Boomer and I am pleased to be back in the really real world. Thanks for the memories.
Imagine you’re critically ill, and need some tricky surgery. Your cost-conscious insurance company will only pay for the new, enthusiastic thirty-something surgeon fresh out of school, not a more experienced surgeon in the specialty you need. How do you feel about that?
Better yet imagine an entire medical system that systematically prohibits doctors from practicing one they hit 50. Sound crazy?
Yet this the corporate world we live in.
39 years? thats AT&T's PROBLEM...single employer for life?. those individuals are living in a bubble.
and won't last a day in the real world,lol
@omg+16eRhEOs Retirement age for most people is NOT 56, which is the age of the youngest boomer.
The very youngest boomers are already retirement age, so this is a pretty dumb headline.
It's all part of Stinky's master plan to hire more minority workers. He seems to think minority millenials are lining up to work at this sh@thole of a company.
Yup. True. After 39 years I was forced out. Paid cash for a house in the woods.
Bought 2 new vehicles.
Woe.
I was 57.
Alas, now I have to spend time on my new pontoon boat.
"coming? this has been going on for a long time "
Agreed, and in some business sectors, commonplace since before the author was born. But that shouldn't excuse the ignorance and lazy journalism behind it.
Both Gen X and Boomers are over 50 now. This article is cr@ppy click-bait.
Rate me low so I can go.
Can these modern genius kiddos spare any time from eating Tide pods or playing activists on highways and getting hit by cars to make AT&T money? Doubt it.
Boomers carried the company to make those executives rich and are now biting the hand that feeds.
Lol ... AT&T is not "Culling" too hard ... they just passed up the opportunity to let 200 more of their more expensive craft people leave by IBEW21 and the company totally clusterfooking the esipp.
I am 55 and can work here until I am 70 if I want to ... trust me.
coming? this has been going on for a long time
while still having time to enjoy being healthy and enjoying some freedom without a red scooter to get around. agree, boomers need to retire and bask in their glory.
Stupid is as stupid does.