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Sometimes people like this will get caught in a trap where they can't find other employment elsewhere without starting over. So their wages and skill stagnate (
by mywittyname 5y ago
Sometimes people like this will get caught in a trap where they can't find other employment elsewhere without starting over. So their wages and skill stagnate (a lot of our upskilling comes from working on teams that force us to grow). So they've stayed at the same company since 1995 and their nice $50k salary has grown to maybe $85k, which, while not shabby in absolute terms, is on par with fresh graduates in most of the USA.
Old tech is a double-edged sword. Like any other obscure tech, there's less competition, but for fewer overall jobs.