Earlier quoted context omitted.
Furthermore, some very senior employees are in this boat: They kinda have enough savings to just retire, but were hanging on to their jobs to save maybe 10% more or whatever. Now that they're out of a job they are simply saying "Whelllp, I guess I'm now retired." and not really feeling the need to look anymore. I know someone who refused a forced return to office, and when his company tried to call his bluff, he just…
>> were hanging on to their jobs to save maybe 10% more or whatever The amount of wealth all people need is constant. It is 1.5 x whatever they have today.
But sometimes that number goes to == on layoff. I’ve seen this in real life.