Ibm: Here's Your Hat, What's Your Hurry?

It doesn't pay to stay. That's the message IBM employees are expected to get soon from on high, say Big Blue insiders. IBM has almost halved its workforce since 1986 through buyouts (mostly) and layoffs. But the enticements to quit or retire have been growing steadily less attractive. Until July, 1993, an IBMer could leave with up to a year's pay; today, it's a max of 26 weeks.

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