More likely after years of working they are higher paid and the company wants to lower costs. Also medical costs are higher in older workers.
I’m sure some fit that category....I’m also confident that others fir the other possibilities. It’s been the “norm” for quite a while that life-long jobs are no longer the standard and one needs to be aware of where the company is going and find ways to fill the new niches.....this is a great example of why folks need to tend to their own retirement accounts and not make long-term plans on a highly volatile series of changes companies need to go through in order to stay competitive...
” Also medical costs are higher in older workers.”
Ding! Ding! Ding!...we have a winner folks!