Tech Industry job layoffs looking scary

[JT-Money]

spooky times for people....9k is a lot of people joining a competitive workforce.

If my company hires an India CEO or CISO. I start looking elsewhere for work because you just know they gonna be on some bullshyt.

IBM is kind of known for doing constant layoffs. I'm not sure why US employees take them seriously at this point. That company is a joke.

 

[Lord_nikon]

Had a dream I got offered a job by Puff & James Franco










shyt sound kinda lit tbh

 

[ahomeplateslugger]

If my company hires an India CEO or CISO. I start looking elsewhere for work because you just know they gonna be on some bullshyt.

IBM is kind of known for doing constant layoffs. I'm not sure why US employees take them seriously at this point. That company is a joke.

my previous company hired a CTO in india and next thing you know half our IT team had people in india. i had to get out because the writing was on the wall.

 

[JT-Money]

 

[Serious]

https://www.financialexpress.com/business/investing-abroad-h-1b-wage-hike-proposal-aims-to-restrict-us-employers-from-hiring-foreign-talent-3787968/

 

[tay1]

https://www.financialexpress.com/business/investing-abroad-h-1b-wage-hike-proposal-aims-to-restrict-us-employers-from-hiring-foreign-talent-3787968/

This would be a welcome change if passed.

 

[JT-Money]

Has the Decline of Knowledge Work Begun?​

Layoffs and Unemployment Grow Among College Graduates

The unemployment rate for college graduates has risen faster than for other workers over the past few years. How worried should they be?

www.nytimes.com

The unemployment rate for college graduates has risen faster than for other workers over the past few years.

Overall, the latest data from the Federal Reserve Bank of New York show that the unemployment rate for college grads has risen 30 percent since bottoming out in September 2022 (to 2.6 percent from 2 percent), versus about 18 percent for all workers (to 4 percent from 3.4 percent).

 

[IIVI]

https://www.financialexpress.com/business/investing-abroad-h-1b-wage-hike-proposal-aims-to-restrict-us-employers-from-hiring-foreign-talent-3787968/

I really feel some type of way about how Indian H1b’s really screwed up the American job market because they went extreme with it

We were having a great time at one point before then.

 

[Silkk]

This shyt is wild. How there ain’t no technical support or deployment jobs in the entire city of Houston outside of some bum ass MSPs

 

[IIVI]

Has the Decline of Knowledge Work Begun?​

Layoffs and Unemployment Grow Among College Graduates

The unemployment rate for college graduates has risen faster than for other workers over the past few years. How worried should they be?

www.nytimes.com

The unemployment rate for college graduates has risen faster than for other workers over the past few years.

Overall, the latest data from the Federal Reserve Bank of New York show that the unemployment rate for college grads has risen 30 percent since bottoming out in September 2022 (to 2.6 percent from 2 percent), versus about 18 percent for all workers (to 4 percent from 3.4 percent).

It’s definitely a return to the mean.

Before smartphones, Electronics were flying: individual gadgets like GPS, all types of calculators, etc. The difference being to work in those fields you needed to be an Electrical Engineer, which isn’t as easy. Even then only like a portion of EE’s were getting jobs working on that stuff.

The smartphone craze made the software industry skyrocket: all the apps and flexibility of software in addition to how much easier it was to get into and learn.

Now people have ran out of ideas, a bunch of copycat apps, etc.

This is basically a return to the mean.

 

[DJSmooth]

This shyt is wild. How there ain’t no technical support or deployment jobs in the entire city of Houston outside of some bum ass MSPs

Houston has never been a tech city. I have never seen many tech jobs there compared to other big cities especially when you have Dallas and Austin in Texas.

 

[Silkk]

Houston has never been a tech city. I have never seen many tech jobs there compared to other big cities especially when you have Dallas and Austin in Texas.

Thats a lie

 

[DJSmooth]

Thats a lie

Post proof it being a big tech city? Which big tech companies have headquarters there?

 

[Silkk]

Post proof it being a big tech city? Which big tech companies have headquarters there?

Breh this isn't an argument i'm going to entertain. shyt is the oil & gas capital of everything, not to mention the numerous hospitals/schools/etc.

 

[DJSmooth]

Breh this isn't an argument i'm going to entertain. shyt is the oil & gas capital of everything, not to mention the numerous hospitals/schools/etc.