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> 5. Job market is weakening with no recovery in sight > 6. I'm in my early 40s > 7. Startup success ... is going to be rare in the coming years If you're in

> 5. Job market is weakening with no recovery in sight > 6. I'm in my early 40s > 7. Startup success ... is going to be rare in the coming years If you're in your early 40's, you'll likely have worked through and/or witnessed the 90's recession, the dot-com bubble and the 2008 financial crisis. There's always a recovery in sight and there are often great opportunities to be found during market corrections. I've given up on terms like "lifer" as they don't account for changing circumstances. If an opportunity presents itself to earn 2x my TC while maintaining all the rest, I'd give it serious consideration. Fully remote work is my preferred arrangement and I'll never go back. Corporate friendliness to work/life balance can change as can one's personal definition. Interviewing can be a horror show but it can also be like having a great technical discussion with like-minded professionals. I've experienced both ends of the spectrum on that front.

benjaminwootton 4y ago
Im early 40s but didn’t join the workforce till after the Dotcom bubble, graduating in 2004. Apart from 2008, it has been pretty plain sailing economically since starting in the industry. This feels like the worst downturn so far.
- 0xbadc0de5 4y ago
  I'm in my early 40's and have been working in tech since my first co-op at age 16 for a telecom equipment manufacturer. Probably makes me a bit of an outlier, but I do know several people who were working in tech right out of high school and through university during the dot-com bubble as my city is a regional tech hub. Market cycles seem to average around 7-10 years. Some are worse than others - and really, this one was overdue. The dot-com bubble was worse for tech but this one is probably worse for the broader market. And to be fair, tech now makes up a much larger portion of the overall market.
- ben7799 4y ago
  This is nothing compared to 2001-2002. We’re just hearing about layoffs right now back then companies went out of business left and right which meant the layoffs were 100%.

benjaminwootton 4y ago

Im early 40s but didn’t join the workforce till after the Dotcom bubble, graduating in 2004. Apart from 2008, it has been pretty plain sailing economically since starting in the industry. This feels like the worst downturn so far.

0xbadc0de5 4y ago
I'm in my early 40's and have been working in tech since my first co-op at age 16 for a telecom equipment manufacturer. Probably makes me a bit of an outlier, but I do know several people who were working in tech right out of high school and through university during the dot-com bubble as my city is a regional tech hub. Market cycles seem to average around 7-10 years. Some are worse than others - and really, this one was overdue. The dot-com bubble was worse for tech but this one is probably worse for the broader market. And to be fair, tech now makes up a much larger portion of the overall market.
ben7799 4y ago
This is nothing compared to 2001-2002. We’re just hearing about layoffs right now back then companies went out of business left and right which meant the layoffs were 100%.