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URL:  https://boards.fool.com/author-decath-date-101501-322-pm-number-15937051.aspx

Subject:  Re: I Know You Told Me So! Date:  10/16/2001  5:38 PM
Author:  rkmacdonald Number:  53408 of 883704

Author: decath Date: 10/15/01 3:22 PM Number: 53290
My rub with the corporate world is that they should not have been let go compared to other people in the co. They were loyal, hard working and sharp as razors. The butt kissers and personal friends of management are still here.

I don't think you can generalize here. In my case, the company layed off people based almost entirely on their level of productivity. Seniority was only considered to the extent necessary to avoid age discrimination litigation.

It is a simple fact of life that everyone slows down when they get older. Experience more than offsets this effect in the 30's and 40's, but by the time you are in your 50's, there is no denying the fact that you are not as sharp as you once were. I wonder how that should be handled in a modern civilized corporate America? Do companies have any responsibilities to protect the older worker; ie., recognize seniority?

Should companies really focus exclusively on the bottom line and let the older, and usually more highly paid, workers go without a second thought? I have been struggling with this question. If companies are forced to consider seniority it will reduce their ability to compete in the world. OTOH, if they let these older employees go in the first layoff, can it be justified from a social perspective?

This is clearly a conflict between social values and capitalism.

Russ
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