Most IBMers get great benefits (great 401K plan, great health insurance, etc), and the running joke was to rather wait and get laid off to receive the generous severance package (which used to be 6 month's salary plus 12 months continued health insurance).
However, given the new severance only being 1 month's salary leaves them with less incentive to wait. Of course, the really good ones have already left anyway (money isn't the prime motivation there), but the folks remaining there, especially the ones who will have to pick up the slack (more work, same pay) will have much less incentive then previously.
However, given the new severance only being 1 month's salary leaves them with less incentive to wait. Of course, the really good ones have already left anyway (money isn't the prime motivation there), but the folks remaining there, especially the ones who will have to pick up the slack (more work, same pay) will have much less incentive then previously.