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It's the run-up to Y2K, and this big life insurance company has come up with a bright idea for keeping future IT costs down, reports a pilot fish there: Lay off 10 percent of the IT staff every decade.
"After all, there's nothing more likely to keep current employees in line than seeing these folks shambling around like zombies for the six-week transition period, followed by the tales of woe once they left," fish says.
"So, with that idea in mind, the company proceeded with its cost-savings plan, and 10 percent of employees were laid off."
But things don't go quite according to plan. For one thing, because those 10-percenters get six weeks of paid job-hunting, they all manage to find new positions well before the clock runs out.