Tech Industry job layoffs looking scary

[IIVI]

shyt is getting brutal out here, including for the companies themselves.

I didn't know Discord was that small of a team/company either where 170 employees is nearly 1/5 of their entire company.

The first reply is a really good point. A lot of companies aren't going to make it.

Crazy to hear about the Google hardware teams as well.





Meanwhile, stay clear of companies like this:

 

[MikelArteta]

Guess I'll join the rest of the group. I knew this year it was a possibility, but it came early. Luckily I started a light job search earlier this week. We'll see what happens tho. I see my old employer still has a spot open

Wow sorry dude not my fellow gunner

 

[Regular Developer]

Wow sorry dude not my fellow gunner

My manager kinda told me last week he thought some fukkery was afoot, so i started updating my resume late last week and started job searching lightly Monday. So now just applying more vigirously. 1 interview set up so far, but I think I sent out 20 apps these past 2 days. So I'll keep things up to date.

Just really need to spend time this year getting my startup going so I can be done with corporate completely

 

[⠀X ⠀]

Guess I'll join the rest of the group. I knew this year it was a possibility, but it came early. Luckily I started a light job search earlier this week. We'll see what happens tho. I see my old employer still has a spot open

Man, I’d be like

 

[morris]

shyt is getting brutal out here, including for the companies themselves.

I didn't know Discord was that small of a team/company either where 170 employees is nearly 1/5 of their entire company.

The first reply is a really good point. A lot of companies aren't going to make it.

Crazy to hear about the Google hardware teams as well.

In a nutshell A LOT of startups, especially SaaS-based will go from nice to have to mandatory once the funding runs out. And the cream will rise to the top.

My manager kinda told me last week he thought some fukkery was afoot, so i started updating my resume late last week and started job searching lightly Monday. So now just applying more vigirously. 1 interview set up so far, but I think I sent out 20 apps these past 2 days. So I'll keep things up to date.

Just really need to spend time this year getting my startup going so I can be done with corporate completely

My ratio has been about 1:10 for applications to interviews

 

[Sir ZDuke]

 

[IIVI]

In a nutshell A LOT of startups, especially SaaS-based will go from nice to have to mandatory once the funding runs out. And the cream will rise to the top.


My ratio has been about 1:10 for applications to interviews

You know what's funny is I think it'll end up like all the other STEM jobs out there around the early 2010's.

Prior to the tech rush, a lot of Math, Physics, Engineering majors ended up doing data entry/spread sheet/etc. type work after getting advanced degrees.
Prior to the tech hoopla last decade, people were talking about the raised bar of entry for normal jobs.
Like I know of a few Physics majors who were straight bartenders in the early 2010's.

When tech and innovation started to blow up, those people who had those degrees started to go into that field (along with the rush to switch their majors for those in college).
Now that the smoke is clearing and money running out, I wonder if we're retreating back to those times: a bunch of advanced degrees doing basic jobs while the top talent do actually get those tech jobs (and holding their positions with seniority).

Big tech was basically a delay to the inevitable direction we were heading into around 2012/2013.
Right now I think we're hurting due to lack of innovation and expansion (in addition to too much bullshyt/vapor ware).

Basically, so many skilled people, so few jobs.

 

[Obreh Winfrey]

Pixar execs done caught wind of the thread, we proved the business case for AI for them

 

[IIVI]

Another not-so-bad take imo (both the original post and first half of the reply):


What an era. If you had "Full Stack" on your resume everybody lost their minds and threw money at you.

 

[Apollo Creed]

Another not-so-bad take imo (both the original post and first half of the reply):


You say the word "Full Stack" and everybody lost their minds back then.

this shyt a wake up call to lotta folks to stack bread and retire early lol. It just sucks for folks who get in at the tail end of the glory days + those getting in now. The difference in the past is there was a new industry that popped up where everyone could pivot to (like how ton of folks entered tech in the 90s or early 2000s with no formal background), but with AI (whether legit or not) it's spooky as to what the pivot could even be,

 

[Apollo Creed]

I did not. If it had a free trial that shyt wasn’t working.

You use your number on Lazyapply? I see they support Dice and till this day I get spammed from Dice folks who have access to a resume from over a decade ago

 

[3rdWorld]

How many brehs are affected by the tech industry collapsing? Is it not exclusively a cac and Asian game?

 

[Apollo Creed]

How many brehs are affected by the tech industry collapsing? Is it not exclusively a cac and Asian game?

it's impacting everyone, we just don't have the numbers so we aren't the primary folks crying online about it.

 

[Blessings]

this shyt a wake up call to lotta folks to stack bread and retire early lol. It just sucks for folks who get in at the tail end of the glory days + those getting in now. The difference in the past is there was a new industry that popped up where everyone could pivot to (like how ton of folks entered tech in the 90s or early 2000s with no formal background), but with AI (whether legit or not) it's spooky as to what the pivot could even be,

Been saying if you’re not on overemployed + FIRE you’re slacking
This goes without saying the closer you are to REVENUE generating product/service the better it is. Supporting program/project management, analyst roles bout to be a dub.

 

[Forsaken]

You know what's funny is I think it'll end up like all the other STEM jobs out there around the early 2010's.

Prior to the tech rush, a lot of Math, Physics, Engineering majors ended up doing data entry/spread sheet/etc. type work after getting advanced degrees.
Prior to the tech hoopla last decade, people were talking about the raised bar of entry for normal jobs.
Like I know of a few Physics majors who were straight bartenders in the early 2010's.

When tech and innovation started to blow up, those people who had those degrees started to go into that field (along with the rush to switch their majors for those in college).
Now that the smoke is clearing and money running out, I wonder if we're retreating back to those times: a bunch of advanced degrees doing basic jobs while the top talent do actually get those tech jobs (and holding their positions with seniority).

Big tech was basically a delay to the inevitable direction we were heading into around 2012/2013. Right now I think we're hurting due to lack of innovation and expansion (in addition to too much bullshyt/vapor ware).

So many skilled people, so few jobs.

Still a need for engineers in other fields. Smart people follow the money.