Yes it is, but it is not everywhere, and it completely goes away on consulting. Suddenly companies are a lot less interested in 70 hour weeks when they cost alm

Yes it is, but it is not everywhere, and it completely goes away on consulting. Suddenly companies are a lot less interested in 70 hour weeks when they cost almost twice as much as 40 hour weeks. Older, wiser developers often end up contracting or picking employers that are not that exploitative. Those good jobs exist, and they don't really pay worse in absolute terms. In fact, they often pay better when you calculate your pay hourly. So just pick the right employer and get out of the awfulness you describe.