Companies will expect marriage loyalty and treat you like a Tinder relationship. Never forget that.
Microsoft earns 70 billion and decides to lay off 6,000 people as a thank you for your hard work.
The biggest mistake anybody can make at a white-collar job is thinking the loyalty they give will be rewarded.
I studied computer programming in from 2001 - 2004 but im so glad i became an electrician and have owned my own business for the last 10 years!
The crazy part is that these CEO's would rather fire 1000s than take a small cut in their pay. Or even consider communicating with their employees like "hey we need to cut cost, so we need to lower your pay by X amount, instead of letting you go"
Anyone lasting 18yrs in a tech firm is a W to me.
One thing you said isn’t actually true, being at a company longer doesn’t always mean you get paid more. In fact, it’s often the opposite. New hires sometimes get paid more than someone who’s been there for years. I was at a company for 5 years, and a new guy came in making the same as me.
There is no loyalty amongst thieves 😮
Never get comfortable. The average career last 5 years.
If you work somewhere for 18 years and get laid off, it means you are pretty comfortable.
Lern development. Learn prospecting & sales. Learn marketing. Build your own stuff....
No one should be comfortable in a job/working for someone else. They should use their job to launch their own side hustle and make it profitable enough to quit their paycheck job
Imagine having a resume that you worked at Microsoft for 18 years. Still a win.
This guy's speaking facts. The average income (taking RSUs into consideration, not just salary) for technical knowledge workers who aren't junior in big tech is around 400k. 400k * 6000 = 2.4 billion dollars... That's a lot of money. And this is excluding bonuses and benefits, so it's definitely way higher. A business is a business is a business. Corporations aren't your friends, and your colleagues aren't family. Don't ever get too comfortable.
I was at the company for 25 years and I got laid off a month ago. I was a software developer for them for almost 10 years.
Mark Heckler, one of the leading voices in the Java ecosystem just got let go from Microsoft too. Its rough out here.
I guessing after 18 years the dude is probably a multi-millionaire. He should come out of it ok.
This type of crap happens more in US then overseas.
25 years exp here. I really don't care about being in management. But I also make sure my salary stays relevant for my work. I don't expect 500k$ / year. I'm fairly priced and efficient. I do make sure though that if I'm paid 2x a "normal" dev, I can pull off at least 2x the work. But yeah, coasting as a mid level dev while expecting the management salary is making sure you pass on the chopping block.
@shadidhaque1009