>On top of that they tend to be stodgy old corporate companies that developers hate, where you have to wear a suit to work and being seated by 9AM is more impor

>On top of that they tend to be stodgy old corporate companies that developers hate, where you have to wear a suit to work and being seated by 9AM is more important than doing your job well. That I can attest happens, less so today but then such places lost most of their talent as those that could and able to move on did and those that didn't, well they would of been close to retiring and with that. Hence technical debt increases. But it's not just knowing the COBOL, it's not just knowing that business logic, but how the two go together - THAT level of knowledge was always undervalued in many institutions alas.