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Reply to "Anyone have insights about the tech job market stabilizing anytime soon?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The good news is it is stabilizing. The bad news is that it's stabilizing at pre-2019 employment levels. The days of paying 23 year-olds $150k to send a bunch of emails every day are behind us, I'm afraid. [/quote] I’m more concerned about 36 year-olds who worked their butts off to move up the ladder and can now finally afford a family and a house, only to now worry that they’re “too expensive” and now face the chopping block because companies prefer the 23 year-olds who work for less. [/quote] My impression was that it was ALWAYS that way in tech. By 30 you need to be a multi millionaire, angel investor, and founding your own company or be an executive at the company — otherwise it’s clear you don’t have the tech “spark” so why keep you. Not only that, your tech skills are rooted in old ideas, even if you learn new languages (I learned OO but how functional programming is all the rage etc, even though many language do both). Ageism has existed in tech since the 80s, so not sure why this is surprising? What happened to the $500k you earned for 15 years? Why didn’t you advance to leadership? You should have lots of good options, like semi-retiring and becoming a SAT tutor or something. The last decade of holding on to older people was just a consequence of ZIRP goosing things. [/quote] There are 2 pathways to millionaires in tech, ic and leadership, only boomers think you need to be a manager to move ahead, ses should be making millions by their 30s[/quote]
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