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My bosses hiring interns and asking me to train them without offering additional compensation.

The benefit of this is that you can add it to your resume. I've hired many engineers and I always like seeing experience mentoring younger developers. So while it is unfortunate that you are not getting additional compensation, this experience will pay you back in the future.

Sure, but in this case, the anxiety is coming from the fact that we are now competing for the same job in this company.

I have no doubt in my mind that when the company decides to go for another cost reduction, I will be the one looking for a new job.

Oh ok, I understand. That sounds like a toxic environment management has created. This advice may sound tone deaf considering our current economic environment but maybe you should start looking for a new job.

Putting energy into a job search may alleviate some of the anxiety around competing with the interns. At the very least you will have made some progress on building a pipeline of new companies so if you do lose your job you will not be starting from scratch.

Thanks for the advice, I am already looking for a new job.

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