Yeah, they are so worried about our values and ethics as they lay us off in record numbers. What a sad joke. I was laid-off on November 8th, 2010 without a warning so I could not have prepared myself for it. It is and has been a horrible shock to me mentally and financially. I think it is against the law to shove you out just because of your age. But they cover their butts by saying they are getting rid of FTE's full time employees. The hospital where I worked lost 98 million dollars last year and are taking this situation out on their most productive, experienced and devoted workers. Another bad decision of Communith Hospital East, in Indianapolis, IN.
N. Osborneof IN12:10PM January 01, 2011
For years I've heard about the brain drain and how employers are worried, yet what are they doing about it? My former company had been laying off left and right. During one major episode, my division let 85 people go. Because of ongoing age discrimination litigation, they release statistics on those laid off. 83 of 85 were over 45 years old. So they are worried about the baby boomers leaving in mass as they push them out the door. What did Tonto used to say, 'White man speak with forked tongue'.
Rickof MN8:30AM January 16, 2010
I do not agree most Baby Boomers are going to wait until 67 to retire as this report suggests. I suspect that the level of productivity in companies where Baby Boomers have been a substantial portion of the workforce will shift downward unless job security for younger workers continues to be an issue. Baby Boomers had a very strong work ethic, something which may not be full appreciated until they retire. I recently blogged on this subject: http://babyboomerswriting.blogspot.com
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N. Osborne of IN 12:10PM January 01, 2011
Rick of MN 8:30AM January 16, 2010
Lynn of DC 5:53PM January 02, 2010