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GitHub to lay off 10% and close all offices

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Re: GitHub to lay off 10% and close all offices

#21

Post by JohnFen »

lampshades wrote: post #5

This really is the techpocalypse, huh? I’m young (35) but I’ve never seen layoffs so continuous. I wonder how far into the year this will go and if we’ll ever come back. Maybe companies truly will start offshoring.

This is a regular cycle. These companies will eventually overhire again, then they'll lay people off again. This has been the pattern in the industry for a very long time.

Re: GitHub to lay off 10% and close all offices

#22

Post by wojcikstefan »

My heart goes out to the laid off employees, though I think they'll be able to find solid jobs (or start their own companies) when they're ready.

What I'm more surprised by is: 1. GitHub operating so independently from Microsoft at large that they have their own layoffs (not included in the 10k people that Microsoft announced they'll be parting ways with). 2. GitHub operating SO INDEPENDENTLY that they can decide to go remote-first.

Re: GitHub to lay off 10% and close all offices

#24

Post by dehrmann »

lampshades wrote: post #5

This really is the techpocalypse, huh? I’m young (35) but I’ve never seen layoffs so continuous. I wonder how far into the year this will go and if we’ll ever come back. Maybe companies truly will start offshoring.

This is nothing compared to 2000, or even 2008. You might have a point about offshoring. With tech workers insisting they're just as productive working from home, you might as well hire people in countries with cheaper homes.

Re: GitHub to lay off 10% and close all offices

#25

Post by mardifoufs »

jiocrag wrote: post #7

Fortune now confirming: https://fortune.com/2023/02/09/github-is-laying-off-10-of-st...

>i) Effective immediately, we will be moving laptop refreshes from three years to four years. ii) We will be moving to Microsoft Teams for the sole purpose of video conferencing, saving significant cost and simplifying cross-company and customer conversations

Layoffs and having to use teams? Talk about a morale hit

Re: GitHub to lay off 10% and close all offices

#28

Post by mquirion »

shadowgovt wrote: post #10
lampshades wrote: post #5

This really is the techpocalypse, huh? I’m young (35) but I’ve never seen layoffs so continuous. I wonder how far into the year this will go and if we’ll ever come back. Maybe companies truly will start offshoring.

You missed them by that (tiny-fingers-gap) much. I'm just old enough to have witnessed the dot-com crash a few years before I went into industry; this feels very similar. In fact, it feels a little less intense; the dot-com crash was about an entire business model consolidating under an absolute handful of winners (example: most independent online stores went "We can't compete with Amazon" and bankrupted, laying off…

This is right. The dot-com crash was an absolute crash. Not "we're laying off 5-15% of our company." It was a lot of "This media darling that had an IPO after 2 years of operations no longer exists."

In my social group of about 30 folks, I think at ~25 of us all experienced months of unemployment, at the least.

Re: GitHub to lay off 10% and close all offices

#29

Post by softwaredoug »

lampshades wrote: post #5

This really is the techpocalypse, huh? I’m young (35) but I’ve never seen layoffs so continuous. I wonder how far into the year this will go and if we’ll ever come back. Maybe companies truly will start offshoring.

Maybe the techcorrection back to the already lucrative prepandemic days.
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