Tech Industry job layoffs looking scary

Obreh Winfrey

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This is definitely @Obreh Winfrey


Any time anyone puts any meeting on my calendar and I'm ready to ride on their whole family, no Diddy.
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threattonature

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I'm actually not mad at that. At my old job I had a VP over me who only managed me and one other person. After that a Director with the same situation. With both of them we had a meeting every two weeks where they'd ask if there were any issues they needed to know about, when I told them no that was the end of the call. Anytime I asked them for actual help they'd just pass me a name.

In my current company I have had two managers. Both times they only have 3-4 people under them. Completely pointless positions.
 

Batsute

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Good too many people get promoted due to past performance who are not leaders. My old boss was a director and we were on the services side. The company made a push for sales to focus more on recurring revenue ie subscriptions, which meant less focus on one time services.

In my 1 on 1 with he was telling me all this and when I asked why didn’t anybody add a bonus multiplier or incentive to also push services he literally said this, “Huh that’s a pretty good idea I tend to stay out of the conversations”

:why: You’re the director of our org. You’re supposed to be fighting for us and make sure we’re getting work. He should’ve never been a director just give him a Sr. Title or up his pay a lot of people in those roles due have the skills to bridge that strategic gap.
 

chineebai

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In general there’s too much managerial positions, part of which is cuz of career pathing and how organizations kept talent but ultimately you don’t need so many layers. In my company you start out as an analyst thin senior analyst then manager then associate director then director then group director.
 

JLova

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Good too many people get promoted due to past performance who are not leaders. My old boss was a director and we were on the services side. The company made a push for sales to focus more on recurring revenue ie subscriptions, which meant less focus on one time services.

In my 1 on 1 with he was telling me all this and when I asked why didn’t anybody add a bonus multiplier or incentive to also push services he literally said this, “Huh that’s a pretty good idea I tend to stay out of the conversations”

:why: You’re the director of our org. You’re supposed to be fighting for us and make sure we’re getting work. He should’ve never been a director just give him a Sr. Title or up his pay a lot of people in those roles due have the skills to bridge that strategic gap.

Want a reasonable bump in pay? Have to get a title change. If you're already a Sr. that means a manager role. Tech has a bad habit of giving people managerial roles who do not have the skills. They also don't train them. Everything in tech is reactionary..just no long term thought given. Hate having to hear that despite killing your review, you can't get a meaningful bump because you need to get a title boost. That's what makes goal setting useless.
 

threattonature

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Want a reasonable bump in pay? Have to get a title change. If you're already a Sr. that means a manager role. Tech has a bad habit of giving people managerial roles who do not have the skills. They also don't train them. Everything in tech is reactionary..just no long term thought given. Hate having to hear that despite killing your review, you can't get a meaningful bump because you need to get a title boost. That's what makes goal setting useless.
I've always said as well that if they have to have so many managers then they need to separate them into staff managers versus strategic managers. They want the same people that are supposed to manage personalities to also make the strategic decisions as well when they are two vastly different skill sets that most people don't possess both of.
 

JT-Money

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IIVI

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As mentioned before I’m in my final year of school for Electrical Engineering, basically most of the difficult courses finished. One of my cousins who I chilled with yesterday actually got his BS and MS both in Electrical Engineering.

I showed him this post from yesterday and he just said “It’s not my work, but yeah, I believe it.” and walked off shaking his head:

Shouldn’t have any measurable impact (at least no positive ones). Corporate welfare rarely benefits workers.

You notice how many layoffs and slowdowns that were announced by semi companies after their CHIPS act awards? Yeah - welcome to the real world.

The CHIPS act is primarily an Intel bailout. Intel has received the largest share of the money and also happens to be the one lagging in every segment they are exposed to - they don’t expect to see returns from their foundry services until 2030.

You could make US industry boom tomorrow, in everything from wafer starts, research, manufacturing.

Make stock buybacks illegal.

Intel spent 152 BILLION dollars on stock buybacks since 1990.

They made a shyt load of money for the people at the top buying their own stock back and exporting manufacturing, R&D, all kinds of stuff. The CHIPS act is just socialism for the rich, and doesn’t solve the gaping problems in the market (the rules of which WE SET - it isn’t some almighty force we let roam unfettered, we make the market!)

You know it’s not going to work when we educate a ton of people as EEs and they leave the field every year. There has never been any kind of shortage - there’s a shortage of people willing to take less pay to do hard stuff.

Don’t even get me started on the death of training in the last 20 years.

In short: this is a bailout of rich people with our money because fukk you that’s why; it was never about supporting workers or “our industry”.
My cousin works Power Engineering specifically but the opportunity for remote work is absolute shyt.
 
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Ryze

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Cac CTO's homelab



What do you guys think about having a homelab like this? Would cloud services that offer the same functionalities suffice?
 

JT-Money

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Cac CTO's homelab



What do you guys think about having a homelab like this? Would cloud services that offer the same functionalities suffice?

Not really worth it to spend this kind of bread unless you have money to burn. I would rather spend a company's money than my own every single time.
 
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