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Buy-Out Rumors
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<blockquote data-quote="GuyinBrown" data-source="post: 250224" data-attributes="member: 9444"><p>My opinion is that you have a better chance of being struck by lightning than getting a buyout. They aren't going to spend 6 Billion on the pension and then throw more money at you to leave. Where does that benefit them? When they buyout management for the younger generation, they're generally replacing a high salary with a more modest one. Buying out a driver replaces him or her with a driver... making exactly the same amount. There are no savings. In fact, it costs them more because of the money they've spent buying the senior driver out. They younger guy might be a little more productive, but not enough to make up for the money they spent. </p><p></p><p>If they want the senior drivers out, they best way for them to do it is to offer an attractive retirement package again, and then load your ass up every day until you decide that it isn't worth it to stay any more.....</p></blockquote><p></p>
[QUOTE="GuyinBrown, post: 250224, member: 9444"] My opinion is that you have a better chance of being struck by lightning than getting a buyout. They aren't going to spend 6 Billion on the pension and then throw more money at you to leave. Where does that benefit them? When they buyout management for the younger generation, they're generally replacing a high salary with a more modest one. Buying out a driver replaces him or her with a driver... making exactly the same amount. There are no savings. In fact, it costs them more because of the money they've spent buying the senior driver out. They younger guy might be a little more productive, but not enough to make up for the money they spent. If they want the senior drivers out, they best way for them to do it is to offer an attractive retirement package again, and then load your ass up every day until you decide that it isn't worth it to stay any more..... [/QUOTE]
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