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Reply to "Everyone I know is laid off by age 55"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Both of us were pushed out, 51 and 54. Techies. Had a 10 and 12 year old. Outsourced to India in one case and new younger hire in another. Took DH a year to find something at 30% lower salary and I haven’t found anything yet. [/quote] Our story almost exactly. His is 45% less salary. I am jobless. 50, 48.[/quote] That's disgusting. Now 48 is too old?[/quote] By 35 you start being a bit long in the tooth in tech unfortunately.[/quote] Wow! So is that not a good field to get into? Or can you use the skills elsewhere? [/quote] So should my DS who is majoring in Comp Sci at UMD look into another field?[/quote] FFS. No. Most of these people don't know what they're talking about. If you let yourself stagnate in tech, your market value will diminish over time. It's a dynamic field and you need to stay on top of things and/or move into management. But, no, do not encourage your son to leave one of the most lucrative fields because of a bunch of anonymous online posts. [/quote] YMMV. I’m the one who posted about 35yo. Yes, you need to do things to stay sharp, but it doesn’t always help. Not everyone is able to keep their handin the game. Many will get moved to management or business development. Very few continue to program and be very hands on with the tech where you’re really keeping your skills sharp.[/quote] I agree. You need to study to stay sharp. It usually means using your own personal time to keep your skills current, because you may not get the opportunity to learn new stuff at your job. That is the catch-22. You can become great at what you do for your company but that may mean that you do not learn anything else. If you are not self-studying at home and investing time and money, you will be a one-trick pony who will become obsolete soon. [/quote]
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