Intel under investigation over age discrimination in massive job cuts
mercurynews.com
mercurynews.com
The only valid reason to can older engineers is to reduce labor costs by both getting higher paid employees off the books and keep around the 23yr olds who will work 60hrs a week.
But hey it looks good on a spreadsheet.
The real issue is that the government isn't putting CEOs in prison for creating software with security issues, so companies are able to reduce their expenses by shifting the costs of bad software onto the general public.
Or do you want to force the software industry overseas?
I'd rather firms like Equifax be regulated into the ground than get a free pass due to scaremongering. (coincidentally, Equifax is in an industry that will NEVER be forced overseas.)
I'd expect for a tech company in Intel's position they'd be more concerned about the brain drain caused by a retiring workforce over the next 10-15 years, especially if many of those cuts would be expected to land at a resurgent AMD in the near term.
I'd hate to lose the former.
Unfortunately, I've worked with plenty more individuals in the previous category than the former. Maybe it's got something to do with my industry (medical) but it seems like a lot of the senior engineers in this field have just lost motivation or have moved their focus elsewhere. Knowledge and experience only get you so far, it's useless if you can't (or won't) do anything with it.
I once interviewed a guy from a very large computer manufacturer with 12 years of "software development" experience who couldn't write a single line of code when prompted.
Doesn't really sound bad considering over 50 percent of one's working life happens over the age of 40
What departments were affects most? Was seniority a factor? Was pay a factor? Were certain projects, departments, or teams exempt from layoffs? Without having very detailed data about who was let go and what the justification was nobody can say whether it was discriminatory.
I have to assume that age discrimination is the easier one to hit on as the others are to blatantly obvious if they occur outside of government positions
Of course, that isn’t necessarily a good idea for other reasons (losing all that ingrained knowledge and experience, etc.). It would mainly make sense as a desperate short-term cost savings.
When IBM did this, they were intentionally targeting age qua age - their internal documents set age/experience targets rather than salary ones, and claimed that a younger "tech-native" workforce would produce better results. Admittedly, they seem to have had some monetary motives too, but even those were shady: by firing older workers who couldn't get new jobs, they turned them into a pool of contract workers without pensions or benefits.
In this case maybe Intel is not guilty and the age issue is a correlation with the salary.
Its about as transparent as Roseanne on Ambien at this point.
The laws are in place because of bad behavior and were not created as a solution for a non existing problem.
because older people don't wnat companies that offer better benefits, easier leave for family issues, less hours, etc...?
> they are willing to accept less pay for more work
in an effort to get ahead and make more for the last 30 working years of their lives, so that when they do have a family at home they can afford it.
http://4.bp.blogspot.com/-SBJ2KTl2f3c/VjPN9JeWLiI/AAAAAAAAVd...
https://study.com/cimages/multimages/16/adultintelligence.jp...
https://qph.fs.quoracdn.net/main-qimg-496a52a13eaee1e99f39e3...
Maybe you did not mean it but using the phrase "biological reality" when discussing a demographic of people is a common refrain of people who want to discriminate those groups. If I misread your message, I apologise
Even if some group of people is objectively dumber, we shouldn't treat them horribly. But it still means that they will likely perform certain tasks worse (and certain other tasks better).
Perhaps a 50 year old wouldn't be your first choice for a startup who is looking at a blank slate for their codebase. But there just aren't that many companies who are starting the platform completely from scratch.
Some people just like to live in a fairy tale where how everyone should be treated is the same as how everyone actually is.