Older employees are increasingly reporting complaints of unfair displacement and frustration with the lack of rehiring opportunities. ProPublica reported last March that “IBM ousted an estimated 20,000 U.S. employees ages 40 or older in the past five years, in some instances using money saved from the departures to hire young replacements.” In September 2018, Shannon Liss-Riordan filed a class-action lawsuit on behalf of three former IBM employees in federal court in Manhattan. The lawsuit claims IBM has been “systematically laying off older employees in order to build a younger workforce.”
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https://www.forbes.com/sites/sheilacallaham/2019/02/22/the-alarming-future-for-an-aging-workforce/