Alaina Love's Cutting mature workers widens the wisdom deficit echoes earlier Knowledge Workers stories. She writes; "Companies that cut seasoned employees without considering the wisdom and knowledge lost are making an expensive, if not disastrous, mistake."

Love is right on the money. There's a temptation to cut older workers because they cost more than younger workers. However, that higher price is what companies have been willing to pay in order to buy access to the contents of the older worker's head.

via Cutting Mature Workers Widens the Wisdom Deficit – BusinessWeek.