Originally Posted By: Reddy45
I can think of a few reasons...
...3. Culture. Management may want a work culture that heavily favors a younger crowd (people who don't have families or SOs so they can work long hours, sleep at the office, etc. -- think finance/trading type places)
I once worked for an employer who obviously had a preference towards up and comers fresh out of school. These new guys were eager and willing to please, had no prior work experience so they couldn't compare their new job to anything else, and most were still single. The funny part was how they were REQUIRING a masters degree for entry level positions and paid $50k. I was lucky to have gotten hired before the massive shift in culture because I (and many of my peers) basically said "there's no way I would be hired if I applied now"...
Yep, it's usually management change.
In my case a large number of we older scientists/engineers (15+ years company time), making more than the younger engineers, were "let go" after a new, younger manager took over the local company operations, with company upper management citing all kinds of stupid reasons for terminating employment. My immediate manager was not happy with this decision since we were working on some critical projects for the military, and my skills/experience could not be replaced.
Fortunately, I was able to go to work for another company in the same industry.
After about 2.5 years at the new company, I received a notice asking me if I wanted to join a Class Action suit on the basis of age discrimination.
I declined the offer since I had no real bad feelings toward former company, even though I too had felt this was a setup/excuse for releasing older, highly paid scientist/ engineers.
A short time later I received an email from a fellow scientist/engineer with whom I had worked and he stated this former employer was leaving this location for other states, closing down all operations, and he was looking for another job.