"The earnings of a hedge fund manager who makes 1.5 million pounds a day is inflated. Not a software engineer living a decidedly middle class life."
Haha, ok. Can you not clearly see your own subjective bias? Why doesn't that hedgefund manager deserve it? Many of the people working for tech companies are not middle class. At the very least, $500k+ salaries are above middle class. The starting salary at most top-tier companies is multiple times the median salary. I say top-tier companies, because these are the ones doing the layoff. Analysts are saying there will be, or is, a slow down in many if the types of products (data) sold by these companies.
You can continue to think that $500k+ salaries are warranted because you're a force multiplier etc, but that's the same reasoning CEOs and fund mangers use. Maybe they are. But don't be surprised when hordes of average people call you out.
Haha, ok. Can you not clearly see your own subjective bias? Why doesn't that hedgefund manager deserve it? Many of the people working for tech companies are not middle class. At the very least, $500k+ salaries are above middle class. The starting salary at most top-tier companies is multiple times the median salary. I say top-tier companies, because these are the ones doing the layoff. Analysts are saying there will be, or is, a slow down in many if the types of products (data) sold by these companies.
You can continue to think that $500k+ salaries are warranted because you're a force multiplier etc, but that's the same reasoning CEOs and fund mangers use. Maybe they are. But don't be surprised when hordes of average people call you out.
Edit: Why disagree?