Author: Julie Bort / Source: INSIDER
- Four former IBM employees have sued IBM, hiring a class-action law firm famous for winning big cases.
- They are alleging that IBM engaged in a ‘massive scheme to cover up discriminatory layoff of over 20,000 older workers in knowing violation of disclosure requirements. ”
- IBM says it isn’t worried about the lawsuit.
- But the employees’ lawyer tells Business Insider that this suit is different in that it is targeting IBM’s decision to not disclose the ages of the people it lays off and arbitration agreements requiring employees to waive their right to sue collectively.
Four former IBM employees have sued IBM, and they’ve hired a class-action law firm famous for winning big cases.
They are alleging that IBM engaged in a “massive scheme to cover up discriminatory layoff of over 20,000 older workers in knowing violation of disclosure requirements.”
IBM says it isn’t worried about the lawsuit. “The plaintiff’s theories have been rejected by courts, including the U.S. Supreme Court. We are confident that our arbitration clauses are legal and appropriate,” an IBM spokesperson tells Business Insider.
The fact that IBM has been laying off thousands of workers for years without disclosing the size of its layoffs, while hiring thousands of others, has been well documented. And allegations that many of the people getting pink slips have been its older workers have also been the source of multiple investigations.
Bloomberg wrote about it in 2014, after IBM changed how it discloses layoff information.
There are laws requiring companies to share age information about the people it is letting go but IBM stopped doing that in 2014 and instead offers its workers the option of filing individual lawsuits, should they feel they have a case when taking a severance package.By signing an arbitration agreement, each employee that…
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