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Path: utzoo!attcan!utgpu!jarvis.csri.toronto.edu!mailrus!wuarchive!gem.mps.ohio-state.edu!rpi!crdgw1!crdos1!davidsen
From: davidsen@crdos1.crd.ge.COM (Wm E Davidsen Jr)
Newsgroups: comp.arch,comp.misc
Subject: Re: Bad Tidings?
Summary: More on IBM
Message-ID: <787@crdos1.crd.ge.COM>
Date: 4 Oct 89 12:53:14 GMT
References: <9984@venera.isi.edu>
Reply-To: davidsen@crdos1.UUCP (bill davidsen)
Followup-To: comp.misc
Organization: GE Corp R&D Center
Lines: 16

In article <9984@venera.isi.edu>, rod@venera.isi.edu (Rodney Doyle Van Meter III) writes:

|  IBM confirmed that it has offered voluntary severance at four
|  locations, and expects 600 to 1,000 workers to accept. It's probably
|  not their last layoff, though it's the third in recent years.

  There were some additional details in one of the papers. The incentive
is 1 week pay for every six months service. And it said the offer was
not being made to engineers or programmers. Does that mean they are not
being layed off or that they have no choice and get no fancy severance
package? 
-- 
bill davidsen	(davidsen@crdos1.crd.GE.COM -or- uunet!crdgw1!crdos1!davidsen)
"The world is filled with fools. They blindly follow their so-called
'reason' in the face of the church and common sense. Any fool can see
that the world is flat!" - anon