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Re:Layoffs Now Targeting Devs by ChuckNorris89 on Tuesday April 25, 2023 @08:20AM (#35699446)
High performing people adding the most value to the business were rarely the highest paid ones as they had long tenure and the best institutional knowledge but got mediocre wage increases as a punishment for being to loyal to the business.

The highest paid ones were usually the ones who job hopped the most during the times of economic boom. They added little value where they went as their tenure was too short, but the market was hot they leveraged that to increase their TC.

Re:Layoffs Now Targeting Devs by thegginthesky on Tuesday April 25, 2023 @08:50AM (#35699752)
No joke at all. I personally know people that rode this last hiring bubble very stellar and got from analyst to manager in just 2 years, while raising their salary over 300% upwards because of strategic company hopping.

Some of them did get fire and are having trouble finding a job that paid as well as the last one.

It was a risk they were willing to take and I believe in some cases it paid off.

Re:Layoffs Now Targeting Devs by hef19898 on Tuesday April 25, 2023 @09:28AM (#35700167)
It does, if the plan included an option to step back to a lower paying job. Of it didn't, say because the life style continued to match the new salary and / or because people thought that career plan is going to work for ever, well then that plan can backfire hard.
Re:Layoffs Now Targeting Devs by JaDogg on Tuesday April 25, 2023 @10:23AM (#35700912)
Also it does not matter that a person is loyal, loyal ones can be fired too.
Re:Layoffs Now Targeting Devs by ChuckNorris89 on Tuesday April 25, 2023 @03:38PM (#35705556)
Anyone can be fired