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PracticableSolution t1_j5ewx3v wrote

A guy once told me layoffs are coming when you start running into mediocre people making $400k, and that’s been a pretty solid benchmark for me.

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TheRockingDead t1_j5fbquj wrote

And many times, it's not those $400k-earning mediocre workers getting laid off.

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Revolutionary_Lie539 t1_j5fja80 wrote

Not wrong. Boeing laid off some good people and replaced with Dell wage thieves. That actually cost more. Shows what MBA degrees are worth.

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uxcoffee t1_j5g61b9 wrote

This is primarily a FAANG thing because I’ve worked in the Bay Area for 10 years now in CA in Design - even in director and now executive roles I still don’t make $400k and when I do - it comes from company perf. bonuses( which are not happening these days) and at the height of nonsense in SF - most senior design jobs were closer to $160 to $180k. Not to say that it isn’t a ton of money BUT I have only seen these insane $200k+Equity salaries and comp packages at FAANG companies - the grand majority of tech companies are not paying people like that…

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