Tech Industry job layoffs looking scary

[Rekkapryde]

I just had my second kid, I don't need this stress right now.

corporations first priority is satisfying shareholders.

don't work for one if you can.

 

[the bossman]

Other companies found new revenue streams and are gonna replace or restructure their weaker performing non-critical departments with these.

One thing that did happen though, was companies realized that tech was no longer a cost center or line item on a spreadsheet that they need to reduce because they could not justify the expense, but it’s now a critical part of business.

AI sector is booming right now

People are gonna lose jobs, but unless we get a full blown recession, most of this is overblown.

As long as you have an in demand skillset and an emergency fund to float you during the job hunt, you’ll be fine.

it is overblown. the unemployment rate is still at record lows. like you said the ones with skills are finding new jobs quickly

Tech Workers Remain in High Demand Despite Brutal 2022 Layoffs

79% of recently hired tech workers who were previously laid off say they found a new job within three months of beginning their job hunt.

gizmodo.com

 

[Cobalt Sire]

fukk, the , frail shyt.
Cause by the time y'all get your jobs back, you'll have to weigh my money with the scale they weigh the whales with.

 

[Spence]

I'd assume we'd see more startups enter the fold now that some of those tech workers at the big companies have been laid off.

They have, we’ve seen top talent from FAANG go to start ups and those younger companies pay too dollar for pick of the litter.

 

[Gritsngravy]

Stem gang don't have to worry about this, oh wait.

Can't sit by watching everyone else suffer and think nothing's ever going to happen to you/

Stem is more than just faang companies

 

[Lord_nikon]

Crypto contagion deepens: Coinbase to lay off about 950 employees

Coinbase Global Inc said on Tuesday it will cut about 950 jobs, or 20% of its workforce, as part of a restructuring plan that marks the third round of layoffs for the cryptocurrency exchange since last year.

www.reuters.com

 

[MikelArteta]

Healthcare you may not get bonuses but job security is oogd

 

[IIVI]

Healthcare you may not get bonuses but job security is oogd

Yeah healthcare one of the safest professions.

I'm in tech and no way I want an A.I handling anything a nurse or doctor does. If anything only as a tool for them (and only for processing data).

Other industries act like they do, but no other field requires a human touch like healthcare does.

Healthcare employees should try to take their employers to the cleaners and demand higher pay.

There is actually a need for every single one of them. It's a straight up emergency and mess when hospitals get slightly understaffed.

Safest higher-paying career imo if you can do the work.

 

[BlackJesus]

fukk, the , frail shyt.
Cause by the time y'all get your jobs back, you'll have to weigh my money with the scale they weigh the whales with.

People are stunting off of unoriginal rapper lyrics now lol

 

[JT-Money]

The golden era of huge salary increases is over in tech. The more money you make now. Puts a target on your back to earn your keep.

https://www.cnn.com/2023/01/09/tech/silicon-valley-layoffs-continue/index.html

 

[Cobalt Sire]

People are stunting off of unoriginal rapper lyrics now lol

People are making captain obvious posts with no value now.

 

[the bossman]

Other industries act like they do, but no other field requires a human touch like healthcare does.

Lawyers, social workers, teachers

 

[Tflasha]

fukk, the , frail shyt.
by the time y'all rehired, you'll have to weigh my bread with scales they weigh the whales with.

Fixed

 

[BlackJesus]

People are making captain obvious posts with no value now.

More value than jacking lyrics from a 2001 rap song

 

[Cobalt Sire]

Fixed

Have you ever rapped before? I did, and I'm sure I was better at it than you.