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A number of colleagues, and myself, were shown the door from Wall Street firms at around age 55.

It has already been observed that the average age of a software developer according to Stack is about 33.

Rather than ruminate on the maybes and why's, can anyone confirm that this is policy?

A terrible waste of priceless experience and talent, it must be.

There isn't even an "age" or "ageism" or "age discrimination" tag here, which I take to be confirmation of the premise.

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    I cannot confirm, nor does it matches my observations. I have lot of colleagues and know other people who work as software developers age 55+, and getting hired at that age. But I vote close to your question since it is more a rant, than question with a problem that can be addressed.
    – Helena
    May 29 '21 at 20:41
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    "can anyone confirm that this is policy" It would be difficult to confirm this, and it would only be for that particular industry / perhaps country. Anecdotally, in "my" software universe, ancient programmers are sought, because in general it is so hard to find anyone good. (indeed: purely in my experience, young programmers are bitter that ancient idiots basically get preference!) Purely in "my" universe I have not seen what you say. Programmers are like legend rock guitarists. Joe Walsh, Jimmy Page, etc crap on youngsters, they're cooler, do more drugs, still live harder, etc.!
    – Fattie
    May 29 '21 at 20:55
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    The bold part in this answer may explain an impact how that average might have came about.
    – Levente
    May 29 '21 at 21:09
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    @Levente Aye. There was a time when guitar players were in demand. Now they grow on trees. May 29 '21 at 21:16
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    In NYC it's illegal to make employment decisions based solely on the fact you are 40 or older. If a Wall St firm is regularly doing this then that sounds like an easy pattern to prove. May 29 '21 at 22:28
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It is because the number of software developer jobs has grown has grown explosively over the last decade, and most of the new employees are fresh graduates, not necessary even from related field. To answer the point about ageism, you should find some numbers about the development of absolute numbers of jobs in different age brackets.

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