I'd guess it's some combination of burn-out, movement into management, or movement into other areas due to ageism. I'm pretty sure I'm the oldest Software Engineer in our mid-sized company, about to turn 62, with the peak of the age bell curve well to the left of me. If I had to start looking for another job today, I'd frankly be scared of trying to find anyone who'd hire me once they met me and determined I don't fit into their pre-conceived notions of what a developer should be. (I'm male, so I wouldn't have to deal with that prejudice -- but that's a whole other issue. 😠)
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I'd guess it's some combination of burn-out, movement into management, or movement into other areas due to ageism. I'm pretty sure I'm the oldest Software Engineer in our mid-sized company, about to turn 62, with the peak of the age bell curve well to the left of me. If I had to start looking for another job today, I'd frankly be scared of trying to find anyone who'd hire me once they met me and determined I don't fit into their pre-conceived notions of what a developer should be. (I'm male, so I wouldn't have to deal with that prejudice -- but that's a whole other issue. 😠)