ON this date in 1992 - IBM announced it would eliminate 25-thousand employees in the coming year.
Bun Man and Mr. Purple, part of the cut, went to Silicon Valley and made another of their fortunes in an unnamed start-up dot.com...
It was the end of the 'Company Man' era and the real beginning of labor unrest in this county now seen via the Occupy Movement and increased union activity.
@MidnightRider @Madken65
If I recall these were people close to collecting pensions. It was also the beginning of the end of pensions. I suspect (without real evidence), that if someone looked we'd discover around the same time corporations moved HR out from under the CEO over to the CFO. I.e. people went from being _strategic_ to _financial_ assets. In gross and terrible corp-speak terms.
@Madken65 I'm confident most of the bludgeoning was in Binghamton (Endwell specifically) and Poughkeepsie NY