@nixCraftnixCraft 🐧

No need for praise here. has made this move often, for decades: get rid of "older" (= really expensive) staff, replace with younger (= inexpensive) people.

It's simply taking a chance, now that the already inexpensive ones have become a real bargain.

»Just a week after his comments, however, IBM announced it would cut thousands of workers by the end of the year as it shifts focus to high-growth software and AI areas. A company spokesperson told Fortune at the time that the round of layoffs would impact a relatively low single-digit percentage of the company’s global workforce, and when combined with new hiring, would leave IBM’s U.S. headcount roughly flat.«

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