Времена английского глагола: Simple (Indefinite) Tenses, Continuous Tenses, Perfect Tenses, Perfect Continuous Tenses – Active Voice

In the 70s and 80s, most managers expected to continue working until retirement at sixty or sixty-five. But now, the situation is changing. Since the beginning of the 90s, many managers in their forties and fifties lost their jobs.
Sometimes the reason for making managers redundant is a company buy-out or restructuring. Also, the recession of the late 1980s and early 1990s caused many redundancies. But it is also true that fixed-term contracts are becoming more popular, and many companies prefer younger managers.