Earlier quoted context omitted.
Yes, but this article is about developers getting laid off - not c-suite and VPs.
Over the past decade more and more devs have been out-earning surgeons and white-shoe lawyers. The tech salaries of today feel like the i-banking salaries of the early 2000s. It’s not just the c-suite that’s been earning crazy money.
A mediocre developer can be a drag on a company or just keep the lights on. A mediocre CEO gets paid enough to fund an overpaid developer at $400K a year for... oh, about 560 years.
The damage that a mediocre (or worse) C-suiter or VP does to a company is a lot worse than the mediocre developer (and, in fact, there's a straight line to overstaffing/overpaying and the "leadership") will ever do.
As long as folks are calling out other workers as overpaid and neglecting the execs, the industry is going to continue to get worse.