Many young developers today do not remember the time of the shedding and cold rocks, let alone the dotcom bomb (or its associated fansite). Before each of these collapses, the fat times felt like they would never end. But fat times always give way to lean times and layoffs. Even if you are in a stable position, it is wise to prepare for the unexpected.
Companies started enticing employees with free drinks just before the 2000 dotcom bomb. Silicon Valley started serving employees free food before the 2008 recession. Granted, free food and drinks are enticements to stay in the office, but in lean times… there are layoffs. These perks go away, or you’re encouraged not to use them
