We’re in the endgame bois.
A lot of Gen-Xers will probably get fucked too. Old enough, with good enough careers, to have kids and mortgages and real obligations, but not old enough to actually run the company. And their paychecks are big enough to at least make that possible.
If you’re trying to heartlessly cut costs, you target exactly those people: management, but not upper management; bigger paychecks than a lot of younger folks; less desperate and less credentialed than people who’ve graduated in the last ~10 years.
I can see your point, but on the converse: They entered the job market in the 90’s with high-school and college. The previous recession “hurt” but didn’t put a strong-squeeze on them. For the most part, their management positions will keep them “safe,” in a sense. They’re the ones that train the people that bail because they aren’t getting paid enough, so they get to keep their jobs (for now).
It really depends on how this wave hits, though: If this wave hits harder than the last one, I could see the X’ers getting cut, but they generally have SOME savings to keep to where they can land on their feet and not on their backside if things go wrong. At least for a little while.
