After Hours: The Age Discrimination Case against IBM
Full Measure After Hours
Sharyl Attkisson
4.9 • 1.4K Ratings
🗓️ 9 April 2021
⏱️ 32 minutes
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| 0:00.0 | Hi everybody, Cheryl Ackison here. Welcome to another edition of Full Measure After |
| 0:11.6 | Hours. Today, an interesting look at a giant lawsuit against IBM after the company reduced |
| 0:18.2 | its workforce of thousands of older workers. A really interesting discussion today, probably |
| 0:28.0 | for a lot of you, particularly with our aging population and the aging workforce, we all |
| 0:34.7 | know that people are staying at work longer than they used to, longer than perhaps our parents |
| 0:40.2 | and grandparents did. Today, more older people are staying in the labor force and working |
| 0:45.5 | longer than they ever have before, studies show that. And part of it is because they are |
| 0:50.8 | physically able to, I think we all know people who are in their 60s and 70s even today, |
| 0:56.7 | who seem younger in some ways than people we knew decades ago who were in their 50s. |
| 1:02.4 | That's just the way it is for some people. Also, people are partly staying in the workforce |
| 1:07.3 | longer because they have to for financial reasons. They don't have the financial ability |
| 1:12.4 | to stop work and retire because they don't have a way to basically make a living or pay |
| 1:17.5 | for themselves. So, for that combination of reasons, people are staying in the workforce |
| 1:22.5 | longer. Another reason was given to me by an expert, he said, that a lot of jobs today |
| 1:28.4 | involve technological or thinking functions that don't have to do with strength or physical |
| 1:34.5 | ability. So, some people can stand the workforce longer because it doesn't have anything to |
| 1:39.0 | do with them having to have physical stamina or strain themselves so they can perform those |
| 1:45.4 | jobs well into their 60s and beyond. But at the same time, there's the one dynamic of |
| 1:51.8 | people staying in the workforce longer. There's sort of a competing dynamic with some employees |
| 1:56.8 | trying to push them out. And that's the topic of my cover story this week. It'll be on Sunday, |
| 2:03.3 | April 11th. There is the tech giant IBM being accused of a mass undertaking to replace thousands |
| 2:12.0 | of older employees with what executives there called new collar workers. We'll talk about that |
... |
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