The issue isn't losing my job. Many of us could deal with that by simply finding another similar job in the same (coding) industry. The issue is losing the entire industry.
That thing you spent years becoming good at? Getting paid lots of money for? Oh, we killed it. Start over and pick something else. You probably won't be paid well, if you can even find anything, because you're starting from ground zero and competing with all the other people flooding the job market. Oh, and yes, it'll require massive life adjustment on your part. Good luck!
> You probably won't be paid well, if you can even find anything, because you're starting from ground zero and competing with all the other people flooding the job market.
You won’t be paid well because rent is due next week, but the new job requires you to fund your training.
So you find something else that doesn’t pay well, but gets you something coming in. But in order to pay the rent you need to work 60 hours at this job. Of course, no way they’ll schedule you for 60 hours, so you’ll get an additional lower paying job or two.
Suddenly you don’t have the time nor the money to retrain for a higher paying job. All the money from your two jobs is going to ever ballooning housing and energy costs.
Eventually you surrender, understand your place as a peasant, and sell yourself into debt slavery in hopes in a decade you can start from scratch again.
The issue isn't losing my job. Many of us could deal with that by simply finding another similar job in the same (coding) industry. The issue is losing the entire industry.
That thing you spent years becoming good at? Getting paid lots of money for? Oh, we killed it. Start over and pick something else. You probably won't be paid well, if you can even find anything, because you're starting from ground zero and competing with all the other people flooding the job market. Oh, and yes, it'll require massive life adjustment on your part. Good luck!