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A future-of-work expert said Gen Zers didn't have the "promise of stability" at work, so they're putting their personal lives and well-being first.

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[-] stoly@lemmy.world 4 points 9 months ago

In the late 80s and early 90s, all the badly managed companies went bankrupt and convinced business friendly judges to delete pensions, too expensive, you see. This left a lot of boomers and their parents with nothing all of a sudden.

The 401k problem is that you are now responsible for managing things and all the liability that brings. Pensions were managed by professionals.

this post was submitted on 21 Jan 2024
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