Tech brehs, is the job market actually terrible or is it just leveling out/cutting filler rn?

desjardins

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My last company was Fortune 500. But would routinely hire people to complete projects nobody internally wanted to touch. Then make up an excuse to fire or layoff thevperson once all the heavy lifting was done. People would relocate for a role that was meant to only last a few years at most.
I worked at a major bank that hired like 15 new contractors for a project that wasn't even sold and approved :dead:
People moved from other states , transferred their kids into new schools and all that. All of them got laid off the first week they started because the project fell through.
The FTE employees basically sat around for a month or two doing busy work like writing new unit tests until they worked out a new project for us to work on
 

ViShawn

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There was a lot of hiring during 2021 - 2022 during the great resignation.

I was on a job hunt a few months back and I was worried because there were a lot of tech layoffs and my role is specialized.

Theres definitely less jobs in the market now. Development Teams getting wiped out as well as supporting teams that help out tech roles. Companies are trying to make money for their shareholders and that's all that matters it seems. With rising costs that means companies are doing the same or more work with less people. Not the best market right now.
 

RageKage

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It's flat I was told next year and teams can be stretched thin for a while but all working on good stuff. Mixed bag

:skip:
 

Json

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I’m not in tech but I remember after the 08 cut backs the problem really was there were a backlog of people with new degrees graduating every semester vs people with experience but companies bot wanting to compensate them adequately for that experience.
 

Snoopy Loops

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Idk about this h1b talk. These companies arent tryna sponsor anyone. Its way less of a hassle to hire US citizen/permanent resident than to go the h1b route. Tech industry just cooled off
 

ViShawn

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There was a hiring spree in 2022. I think there's some level of correction but also economic uncertainty.
 

September

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Outsourcing is really fukking up the game imo and it can be so hard to work with Indian talent sometimes. God forgive me, but many are just slow af and you have to explain shyt a thousand times and they’ll still take a minute to get it or not do things right the first time.

But they’ll work 18 hours for 20% of the salary a company would need to pay an American so I don’t see it stopping anytime soon.

Companies are in cost cutting > efficiency mode.
 
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