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Yes, as I get older, I think about how cynical I've been all along, as a consequence of seeing both how the boomers suffered under corporate rule - many were expecting to be able to be corporate men and then retire with the gold watch and all that, only to be downsized, rightsized, outsource, offshored - because of seeing that, and being a realist about how corporations value their "human resources", I've never fallen for the corporate line when working. Thing is, I cannot say that about all of my peers. Salaried IT staff still work more than 40 hours. They skip their vacations because they are "too busy". Not realizing that those things simply will not matter when it comes to layoff time. And these are people in my age bracket - they entered the workforce - possibly - under the early 90s recession, they've seen the dot-com bubble burst, they've seen the real estate meltdown and so they know exactly how workers will be cast off like a used condom when it suits the suits. They probably saw their boomer parents grind through things in the 80s, or heard about things in the 70s.
So you might as well take that time off. Don't work much more than 40 hours in a week. Don't have work shit on personal devices. Don't check email and IM and text messages from work during off hours. It's rare when I get to talk to a Gen Xer that seems to cop to this - or at least is willing to let down their guard and admit it to others...another cynical defense mechanism, I guess.
Because boomers were ground under all this, they stayed in the workforce for a very long time. They are even still in the workforce. Also, people are living longer, as a general rule (a recent dip in the U.S., though I'm not sure that's going to be a trend). Gen X is a smaller pop than either Gen Y or boomers, so yeah, we got squeezed.
I think one of the more poignant moments about corporations and age groups was a moment in Microserfs where one of the characters' dad gets laid off from IBM...anyway, it is very interesting to see how this cycle keeps repeating, and the same stories seem to be sold to/told about each upcoming generation. Seems a lot of it rhymes.
I was (and I guess still am) classic middle management. The day I went from "Cynical" to outright "radicalised" was when my previous employer told me that my staff would not be getting their yearly cost-of-living raise that year because "The Company didn't make a profit." Yet the company actually made 6 billion dollars in profit that year.
The issue is that some eggheads projected that they would make 7 billion, and giving raises would increase that shortfall and cause the stock price to drop by a few more cents than it otherwise would have. So in the corporate world, not making enough profit is equivalent to not making any profit and the workers get fucked.
But damn, did the head office muckity-mucks get THEIR bonus' that year. Yessiree.