Isn't there some concern that they're letting go of a lot of knowledge with these older employees? Tribal knowledge isn't a problem that effects them?
The more cynical side of me thinks that it's going to be quite a mess for those who remain.
"you know how to access the server? ssh it's not working"
"Oh yeah about that, ask Josh in the 3rd floor, he knows how to deal with it, requieres an extra step, and nobody had the time to fix the confluence article"
Then Josh gets layoff or changes jobs and the rest of the team has to deal with it. Good luck for those who remain.
The latter are the ones that carry institutional knowledge as the team around them rotates. They tend to earn less but carry more influence, loyalty, and political insight. A big and indiscriminate purge/flight that includes those people can powerfully disrupt that and cause major damage to organizations and teams.
I don't know that that's happening here, but the grandparent is right to be curious.
You have to wonder if there's some interesting data with regards to tight (?) labour markets, policy that has nudged severance packages higher, etc.
That’s quite high even for Germany where it is difficult to dismiss people. Because it is so difficult, a method often used is a mutual agreement with a severance package above what you would get awarded by a court.
