I’m fairly close, but not enough yet to retire. If they lay me off, it will be a truly sh---y move. There’s been more ageism for the past several years, but it’s now becoming endemic. Even if you change companies in anticipation of being booted for your age, the same destiny awaits you wherever you go.
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Your age is absolutely in workday. @4gbx+1tNyNloo
Management does not know an associate’s age. It’s not in work day. So don’t tell your age. When it gets time to retire, don’t say anything until it’s time. Otherwise it might make you a RIF candidate.
I can assure you that age plays a part in this. During the Oct 2023 RIF, at least some employees who were RIFed received a list that showed the title and age of people in their org who also got RIFed. When I saw my list I could not help but notice that all of the employees were in their upper 40's and older. No one in their 30's or 20's at all.
Employees over 40 have some additional federal protections. Please know your rights! Google Older Workers Benefit Protection Act (OWBPA).
@1qsy+1tNyNloo that is done so they cannot be accused of ageism or a disparate impact targeting a specific group. If they have a mix of ages, races, genders, then they are above board. But make no mistake they target higher salaries that tend to be older people who have been with the company longer. When a VP of mine was RIF'd before the pandemic they were handed a list of everyone in the RIF and their ages/years with the company to prove it wasn't based on age. HR took the list back, but my former VP told us some of the names who were in the RIF. It was skewed with older people, but enough younger one peppered in to make it legal.
Hard to know because in the Oct Rif, some of my peers who were rif'd were substantially younger than several others who were not rif'd. Not sure what the rhyme or reason is for who is rif'd but it does not appear to be strong ageism...each rif is different though.
50 & >20 years with the company. The target on my back grows larger every year.
I hear my layoffs are coming in August 2024. I’m 54, hoping to not be rifed 😀
I was 54 and a my severance ended 2 months before my retirement eligibility began. Such a s----y move on their part! I was fortunate enough to find a new job but it took months of searching and interviewing.
I was with the company for 28 years. I got laid off last October. It was a gift. The good thing is that I threw so much money into my 401k and being over 55 I have enough to retire early and withdraw without penalty. Got a contracting job and paid off my house with my severance. It's all good.