this post was submitted on 02 Mar 2024
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388
Hands up if you want to volunteer for layoffs, IBM tells staff (www.theregister.com)
submitted 9 months ago* (last edited 9 months ago) by [email protected] to c/technology
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[โ€“] CrayonRosary 109 points 9 months ago (1 children)

This is called a VRIF, Voluntary Reduction in Force, and usually comes with a sizable severance. Lots of people close to retirement at my last job took the offer because it was worth it.

[โ€“] pete_the_cat 11 points 9 months ago

That's what I was looking for in the article but nothing is mentioned.