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Reply to "Everyone I know is laid off by age 55"
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[quote=Anonymous][quote=Anonymous]We are 59/60 in biotech and don't find this to be the case. My boss is a couple years older than I.[/quote] An older boss is not a sign this isn’t happening; it’s when you have peers that have stayed at same level as others who are 30s and not kicked out. That’s the signal. Not every worker can advance to management, so either you stay performing you same work with modest COL raises or they lay you off. Most likely new hires will make about the same as you once they are experienced (so you make $150k, they hire on at $120k and catch up very quickly)[/quote]
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