laying off a 58yo tech guy in silly valley is about equivalent to a career kiss of death and tells you all you need to know about how much the industry upper management treasures experience and maturity and keeping jobs in the USA. this guy is on a fast track to selling his house to squeeze out some coasting money from the equity and moving to a studio apartment in Redding and a McD janitor job. Or, maybe Richmond if he wants to try to stay close and risk the gangbang stray gunfire. Anyway hope he can somehow land on his feet or a rich uncle suddenly dies.
Not everyone has nothing to show for a 35-year career. Some very unlikely-looking people have pots of money. If he saved and invested over a long period of time, he might have done well.