Most of our group was let go yesterday as well. This is less than two years after being outsourced to IBM. We are being replaced with contractors for onsite support. When we were outsourced our group was either given a one year offer with a severance from out former employer or what was called a "long term" offer with no severance from our former employer. It turns out the "long term" folks really just worked for about the same time as what our severance would have been if we had taken the short term offer. So they used us up for the time would could have been working elsewhere and then spit us out.
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outsourced to IBM? you were outsourced TO IBM....so you are not an IBMer and you got laid off because IBM found an even cheaper deal?
long term = means nothing