My Dad was laid off six months shy of being eligible for a company pension. This was back in the era when it took ten years to become vested in a company's pension plan. The bast**rds laid off my Dad after nine years, six months of service.
He filed a claim with the EEOC, but he lost at the hearing. The company claimed that they weren't just laying off "older workers", they were laying people off by projects. Those that worked for certain projects were eliminated, people of all ages.
Of course, if they wanted to get rid of someone, they banded them together in "Project ZZZ" and then that was their justification for a job massacre.
Young people, don't trust the big corporations. They'll use you up and spit you out. Wait till someone younger wants your job. Or someone's relatives. You may think you're riding high now. Wait till it comes your time to get knocked off the chart.
Exactly. That is why you always need a backup plan. Have some contacts so you can get another job quickly if you lose one.