layoff

IBM Halts Practice of Disclosing Ages of Fired Workers

Posted on 05/12/2014 by |Money and Work | Comments

Bulletin Today | WorkAt IBM, older workers who believe they were fired because of their age may have a harder time proving their claim under a new company policy, Bloomberg News reports. The New York-based tech company is no longer providing fired workers over age 40 with the ages and job titles of other older workers dismissed in a group layoff, the report said. That disclosure is important because it helps fired employees assess whether IBM has potentially demonstrated a pattern of age discrimination …

Workers Say Employers Getting Stingy on Pay, Benefits

Posted on 03/26/2014 by |Money and Work | Comments

Bulletin Today | WorkIf the economy’s improving, why do workers say that their employers are getting stingier with pay or benefits, possibly compromising their financial security now and in retirement? In a survey of 5,070 U.S. workers, 76 percent said their company made one change or another in the last two years that weakened their retirement benefits, reduced pay raises, increased out-of-pocket health care costs or premiums, cut back on hours, laid off workers or involved a major restructuring. The survey, conducted by …