[geor9e]

It's kind of odd that the tech sector has so many talented people desperate for any job, yet companies aren't taking them on. Those same companies continue to pay their existing staff such exorbitantly high compensation. You'd think things would equalize out a bit as companies take advantage of this situation to get cheaper talent.

[linotype]

It’s because they’re working those people to death and don’t want them to leave. Better to pay one person $225k per year than two people $150k per year.

[jerlam]

Alternatively, employees aren't fungible cogs, and experience in the specific company, with their specific technologies and management culture, counts more than new hires who need guidance.

It could be an extreme reaction to the large number of new hires in the 2022 era.