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I am seeing it more and more under the guise of "restructuring," where they will start laying a bunch of people off and give the older people the option to retire early if they are affected.
Companies are getting very sneaky about it. I have even seen places work on getting people into mentorship positions and glorifying their age, and then trying to move them into an "advisory" capacity and cutting their hours. Then comes the nice departure package.
I have seen this happen a few times in the last year or so. They are, indeed, getting a little more sneaky with it. The packages, in some cases are bigger than usual though.
Currently a Veteran at 41 and working on my Masters. It was a fight just to get an internship. I can only imagine. The irony is that my internship is in Social Work. People don’t change.
IMO it is alive and it is insidious- forcing seasoned workers out on one hand, but also not considering those now unemployed candidates for new employment. HR is a gatekeeper and has a guilty hand in this. Every HR/Recruiting team should be checking their own biases and leading the charge to sustain, reskill and hire older workers.