General Discussion
In reply to the discussion: Push For Science Majors, But Lots Of Unemployed Ph.D's Already [View all]Johonny
(26,178 posts)They were the ones that knew what the company previously did. You basically were paying for their stored knowledge. Science and technology are things where a few 70 or 80 year olds you can ask a question of can save you months of research. Today not so much. They are the first one fired come cutting time. Technically they get packages to take retirement or early retirement etc. The fact is new people work for less and apparently never think to ask why they don't get paid for overtime, never think to join the union, why they have to work during vacation etc... My company fired 8 % of it's work force this year. It was the oldest people that went. Same everywhere in science. They are down sizing and at the same time removing people 55+ who remember when science was a gateway to a middle class life. Today's for-profits want young people they can work to death with no overtime and the people on top get all the credit and $$ for their work. And you better get results because there are tons of out of work PhDs waiting for you spot. They don't want to discover the unknown wonders of the universe, they want a marketable widget.