IBM to Managers: Move Near an Office or Leave Company

L4sBot@lemmy.worldmod to Technology@lemmy.world – 319 points –
IBM to Managers: Move Near an Office or Leave Company
bloomberg.com

IBM to Managers: Move Near an Office or Leave Company::International Business Machines Corp. delivered a companywide ultimatum to managers who are still working remotely: move near an office or leave the company.

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Just determined to lose talent.

That's the intent - it's a layoff in disguise, with a discount on the severance package.

But not the talent they want to shed!

Look up "Dead Sea Effect"

IBM... That's the company that is never mentioned anymore.