How much have layoffs affected engineers vs. other departments? Here's the data

Re:How much have layoffs affected engineers vs. other depart... by ls65536 on Thursday October 13, 2022 @06:51PM (#33197507)

> The Boomer economists at the Fed have responded by raising interest rates so that Xers, Millennials, and Zoomers don't get uppity and ask for more money.

Maybe so, but you might want to also consider at the same time what's happening to all that Boomer wealth mostly tied up in retirement accounts (stocks and bonds) and in the real estate that they own while these interest rates rise. Sure, the effects here aren't equally distributed (neither generationally nor by asset class), but hardly anybody is getting away unscathed.

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Re:How much have layoffs affected engineers vs. other depart... by JamesianP on Thursday October 13, 2022 @08:10PM (#33198139)

That is the game, figuring out what pain affects the decision makers personally.

They apparently don't worry much about stocks. Bonds they care more about (I'd guess their personal wealth is mostly there). Sooner or later they'll probably do something (or bigger somethings).

Real estate is the big question. Will they let it really crash or not?

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