no one is talking about it but these massive layoffs across the globe especially impacting senior execs in 50s age group is going to be a super concerning thing in immediate future.

these are well seasoned professionals carrying senior designations, primary bread earner in family which is used to a specific life style, kids are either going for higher education or already in top of expensive colleges.

finding new job at similar designation or pay scale is going to be a big challenge for them. hence maintaining same standard of life for themselves and family will get impacted. mental health will be a big issue. unemployment rates will shoot up

*living.

multiple cascading impacts.
on top of that change in work culture where top mncs expect a 30 year old with 15 years of work ex!!
plus the pace of technology and difficulty for ageing workforce to keep up with changes.
difficult times ahead for quite a few.