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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (6287)7/27/2001 5:51:50 AM
From: elmatador  Read Replies (2) of 74559
 
It is only early retirement JC and DJ. My friend at a big German telecom vendor has seen most of his older colleagues offered early retirement. At the age of 51 they are asked if they accept to retire ate 55.

He has turned 50 and sees his time coming. Since his employer delivered bad results he suspects they will lower this early retirement age or come to the ones at 50 to ask if they want to retire early.

Curiously, one of his colleagues actually is seeking early retirement, but he is denied on the grounds that it will be too costly.

So there is a set of things to be found in the perfect candidate for early retirement, perhaps:

performance, salary level, level of knowledge that can be ported to the outside world, level of training etc.

I am a private contractor, so no one can fired me!!! Telecoms vendors are outsourcing non-core functions -and sending the old people in to early retirement- so tere is still some opportunities for guys like me.
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