Tech workers are freaking out over whether the end is here for $500,000-plus salaries

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Tech workers are freaking out over whether the end is here for $500,000-plus salaries
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'Do you think salaries like 250k- 500k, etc are sustainable in tech. Or we are hitting a bubble that soon will burst?' an employee of the cloud-computing company VMware wrote in a post.

Tech workers haven taken to Blind to debate whether the days of $500,000 salaries are over.Tech workers on the anonymous-job site Blind debated whether the end of $500,000 salaries is here.Insider previously reported that some companies were using layoffs to justify pay cuts for new hires.Last week, aon the anonymous-job site Blind garnered thousands of votes as users debated whether the tech industry could be doing away with $500,000 salaries.

"Are those days over?" the user asked. "Will there be a rebalance to salaries back to 2015 levels where only directors with 100+ reports were clearing 500k." Blind allows its users to post anonymously, but it requires them to verify their status via their employee email address. Insider did not independently verify the employment of the users cited in this story.

Another user from Twitter said they received "multiple offers" over $1.1 million in total compensation.

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