Eternal Tecate
Superstar
Most of the companies doing layoffs are publicly traded no? That seems like the underlying reason
Mainly networking and admin work. It's not really the layoffs per se it's just a lot of the bs that goes on in tech. I made a thread about it months ago. But I probably won't jump ship just voicing my frustration.Well what are you doing now? If you got the right skills you shouldn’t let these layoffs scare you off
Agreed. It's collusion to keep the worker bees in line. A true "free market" creates winners and losers.....winners would have to pay big money for talent.What I feel like this is really about. A lot of these companies don't even need to layoff looking at their financials.
They get to trim the fat laying off a lot of Staff engineers who were basically in vest and rest mode while also resetting the salary offer bands for '23 and '24
Then the psychological effect of the layoffs has every one focused and working harder as they push stricter KPIs and metrics
Agreed. It's collusion to keep the worker bees in line. A true "free market" creates winners and losers.....winners would have to pay big money for talent.
With Boomers retiring, there's simply more jobs than people. Companies don't like to compete if the game is not already rigged in their favor.
This WILL NOT have the intended effect. It just makes Millenials and especially Gen Z, more like mercenaries with zero loyalty or concern for the company. People are gonna work side gigs and do whatever THEE FUKK they want. Big Biz is happy with themselves right now....but they're finna learn a hard lesson.
Breh the problem is people tend to forget the bad times soon as the good times arrive.Agreed. It's collusion to keep the worker bees in line. A true "free market" creates winners and losers.....winners would have to pay big money for talent.
With Boomers retiring, there's simply more jobs than people. Companies don't like to compete if the game is not already rigged in their favor.
This WILL NOT have the intended effect. It just makes Millenials and especially Gen Z, more like mercenaries with zero loyalty or concern for the company. People are gonna work side gigs and do whatever THEE FUKK they want. Big Biz is happy with themselves right now....but they're finna learn a hard lesson.
These layoff reaction videos are all over YouTube.
Bragging where? Why would I talk down to anyone when I am fortunate? Nobodies job is ever secure, I don’t even work the same job I was at a few years ago either way, I’m not better than anyone here just lucky as hell. What I do isn’t unique or hard, I just happened to get years of experience in a field companies deem valuable (for now).It’s not limited to underperformers- there are people with 14-25 years in, consistent performance reviews on these jobs getting laid off or cut. There are offers being rescinded, people not even 6 weeks into a position are being informed their work is no longer essential. I remember you bragging about your job a few years ago and talking down to people in here for what you deemed as “menial” positions; bet you’ll be careful about the energy you put out there these days; that job security is not as secure as you talked about in the past.
On an enterprise level I’m seeing wayyyy more companies offer Mac than Dells.Considering Dell makes PC's and the PC market been down this is not too shocking. But man. Sucks
r/overemployed>>>>Homegirl of mine got on with Intel about 8 months ago. Making 140K, free medical, fully remote, flex PTO. Just told today, 6% salary cut, 401k down to 2% from 9, and no bonus this quarter.
She’s probably cheaper than the other within her team. She’s looking for a job now just in case they cut her the next round.
I’ve never heard of that. My Aunt worked for HP back in the early 2000’s and “survived” 6 rounds of layoffs before finally getting let go.I didnt even know they could decrease your salary like that
I mean on the cool the tech companies and the healthcare fields did get bloated because of covid. Electricians for the time being have plenty of fukking work, nobody is doing any mass layoffs at all right now... at least not here in Texas.