Thursday, April 27, 2006

Ericsson eyes youth appeal with pay-offs for older staff


In addition to sounding illegal that a company would be putting an age requirement (limitation) on its hiring, it sounds ridiculous that a big proportion of society´s skill are being set aside.

If companies are not going to change their ways, procedures and structures to make jobs more flexible, governments will have to step in.

Onésimo Alvarez-Moro

See article:
Ericsson, the telecommunications equipment manufacturer, yesterday offered a voluntary redundancy package to up to 1,000 of its Sweden-based employees aged between 35 and 50.

The move is designed to make room for younger workers at Ericsson, which says it employs 50,500 people in 140 countries, including 21,300 in Sweden.

The world's biggest supplier of mobile phone networks, which more than halved its headcount during a restructuring in 2000-02, said it was necessary to ensure the company's competitiveness in the next decade.

"The purpose of this programme is to correct an age structure that is unbalanced," said Marita Hellberg, Ericsson's global head of human resources. "We would like to make sure we employ more young people in order not to miss a generation in 10 years' time."

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