Reply to post: Re: One rule for us and another for them

As many as 100,000 IBM staff axed in recent years as Big Blue battles to reinvent itself from IT's 'old fuddy duddy'

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Re: One rule for us and another for them

Yes, the problem with execs getting pushed out is that they generally get at least a few hundred thousand dollars in severance, plus an ongoing benefits package. If you are a CEO, those packages go up to millions, unless you are caught embezzling or sleeping with interns. Especially recently, for line employees, it seems that IBM has been giving them a month or three of severance pay and a similar term of post-employment health coverage--at least in the U.S.

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