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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My DH was laid off in March 2020. He was 51 then and the oldest on his team. His boss repeatedly told him he was one of his strongest team members and counted on him for everything, including acting as the boss’ deputy while out.

Layoffs came in April 2020 and my husband and two other long-tenured people were laid off. It’s been 18 months and my DH has barely gotten any interest in his resume. He’s now applying for jobs that pay a fraction of what he made previously - everything from help desk support to custodial jobs.

The company rehired for the job DH has almost a year to the day and the starting salary was apparently about 60% of what DH earned in the same role.[/quote]

Would your DH been willing to stay on if they cut his salary to 60%?  For what ever reason, they had to adjust the cost of his position -- the only realistic way was to let him go.

Is that ageism or just capitalism?  If your DH was 30 and still cost that much, they may have canned him too?[/quote]
That's technically illegal.  When a company lays a person off, they cannot hire a different person for the same role at a cut rate.  They have to rehire that person.

Companies get around that by changing the job description, though.  I stated in another thread.. there is no loyalty anymore.  That's why I went to gig work 20+ years ago.

Also, you do get aged out. So I switched to PM work, which I don't love, but it pays decently.[/quote]

I am 54 years old in IT/cybersecurity and I am not worried about it because:

1- I always keep up with the latest technologies.  I am not completely irreplaceable but if that happens, I am confident that I can find another job rather quickly,

2- I have the latest certifications.  If things do not work out in the private sector, I will go into government contracting work.  I might make a bit less as a contractor but I will still have work,

3- I spend a lot of time on weekends constantly upgrading my technology skills.  That's just the way it is, I guess.  I am not going to give up my 300k/year salary without fighting for it.

4- I have a lot of contacts with people in the government that I can get contracting work

That's the nature of technology.  Get yourself updated or become extinct.[/quote]

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