Finally the market is correcting themself. Software engineers aren't worth more than any other engineers.
Per-employee, software companies like Google are much more profitable than "other" engineering companies.
Where have all the laid-off tech workers gone?
131–140 of 451 posts
Re: Where have all the laid-off tech workers gone?
#132We actually tracked every laid off individual from Google to understand the story behind the layoffs. Here's the summary: - 747 out of the 2,762 laid-off Googlers have since updated their profiles to indicate a change of employment status in the last 4 months since November 2022. - Only 56.7% of these people joined a tech company. - 1/3 of these ex-Googlers joined startups. See the full blog post here: https://nubela…
Does your dataset include names or personally-identifiable information (IMO being able to key by all those 1-person companies counts)? If so, that seems a little... scuzzy? Would you consider pulling the dataset or at least making it coarse and pseudonymous? I would guess many of the people included and monetized here wouldn't expect or wish to be. If the response is public scraping is legal, then I might suggest you…
Re: WARN act filings, here's a list of all the titles that were laid off in california (the only state with google warn filings that publicizes titles in their warn records): https://www.warntracker.com/?company=Google
Re: Where have all the laid-off tech workers gone?
#133We actually tracked every laid off individual from Google to understand the story behind the layoffs. Here's the summary: - 747 out of the 2,762 laid-off Googlers have since updated their profiles to indicate a change of employment status in the last 4 months since November 2022. - Only 56.7% of these people joined a tech company. - 1/3 of these ex-Googlers joined startups. See the full blog post here: https://nubela…
If you want a more comprehensive list, here's a list of all the titles that were laid off in california (the only state with google warn filings that publicizes titles in their warn records): https://www.warntracker.com/?company=Google
Re: Where have all the laid-off tech workers gone?
#134We actually tracked every laid off individual from Google to understand the story behind the layoffs. Here's the summary: - 747 out of the 2,762 laid-off Googlers have since updated their profiles to indicate a change of employment status in the last 4 months since November 2022. - Only 56.7% of these people joined a tech company. - 1/3 of these ex-Googlers joined startups. See the full blog post here: https://nubela…
“every laid off individual” should be “every laid off individual with a LinkedIn account”.
If you want a more comprehensive list, here's a list of all the employees anonymized by title that were laid off in California (the only state with google warn filings that publicizes titles in their warn records): https://www.warntracker.com/?company=Google
Re: Where have all the laid-off tech workers gone?
#135Earlier quoted context omitted.
> and they knew very little about non-proprietary technologies that we used on a day-to-day. I had an eye opening experience several years ago. My group was partnering with a group at Google. Their developers were sharp, as one would expect. But were very lacking in what would otherwise be considered table stakes, the reason always wound back to they had a proprietary Google equivalent of X, so thus they weren't fami…
I'm running into this with increasing frequency, particularly people coming from Amazon. For example, they know nothing about something like Kafka because they've been using some Amazonified version of something similar instead. They of course we'll never be able to match what they used to make and it would be more risk than I want to take to have them use us as a stepping stone while they try to get back to that lev…
You can learn everything most devs need to know about Kafka in a couple hours. I can't imagine why companies would ever hire based on current knowledge rather than problem solving skills and ability to learn.
Re: Where have all the laid-off tech workers gone?
#136Earlier quoted context omitted.
Can you give some examples of companies that are commonly called 'tech' companies that you don't brief develop any tech at all?
Stripe. They are a payment processor and work in Finance. What significant contributions to tech have they produced? I'm not being snarky, I'm just not familiar with any off the top of my head like I know React came from FB/Meta, Google & Amazon produce all sorts of cloud computing stuff, Apple produces lots of libraries/frameworks (most likely for their own hardware/ecosystem), Bootstrap came out of Twitter, etc.
Stripe made Sorbet for Ruby.
Re: Where have all the laid-off tech workers gone?
#137Earlier quoted context omitted.
“Moving down” can be more difficult than it looks. Anecdotally, employers can be reluctant to hire “overqualified” people (indicated by a high previous salary), because they believe these people will jump ship at the earliest higher paying opportunity elsewhere.
I don't think an elevated salary at a FAANG implies over-qualified, though. I phone-screened someone from a FAANG, and they knew very little about non-proprietary technologies that we used on a day-to-day. Any of the big-branded commercial apps, they weren't familiar with, and I can hire someone for a lot less with the required working knowledge AND know that they won't be resentful about it. I think it's going to ta…
> they knew very little about non-proprietary technologies that we used on a day-to-day
Day-to-day tools are things that really takes no time to learn on the job imo. They take more time to get up to speed from scratch but when dropped into an environment using them I expect experienced folks to get up to speed very quickly.
If they resent not having the awesome dev tools though, like you mention, that's another thing entirely.
Re: Where have all the laid-off tech workers gone?
#138Earlier quoted context omitted.
Are you expecting a salary similar to the one you were getting at a FAANG though? Because that seems to be the main issue - FAANG people thinking they're worth way more than they actually are.
It will be painful to get a 50%+ paycut but I'm willing to accept any job - but like others guessed small companies instantly reject me. I only get interviews with other companies similar to FAANG, only for them to tell me they have a hiring feeeze. Or very early stage startups, like seed or series A, which I'm not comfortable joining.
> but I'm willing to accept any job
> Or very early stage startups, like seed or series A, which I'm not comfortable joining.
Pick one of these two statements please.
Re: Where have all the laid-off tech workers gone?
#139I can't find another job even with a FAANG background. The market is brutal. Maybe my only choice is to start a startup.
I hope you don't mind me poking into your history, but didn't you make a post a few months ago saying that you quit your job and wanted out of tech?
Full support if that's the case, I just think your current job hunt might be a little different from those of the recently laid off FAANG engineers, which is why some other commenters are wondering what's up.
Re: Where have all the laid-off tech workers gone?
#140Earlier quoted context omitted.
What makes you think US Population is receding? By all census counts, we're still growing, a lot. Numbers for 2022 are something like 900K immigrants living in the U.S. became U.S. citizens. 2 Million more migrants came with about @ 150K documented boarder crossings per month for 18 months straight. The only time there was a huge drop-off was during Covid, for obvious reasons. "The Build Back Better Act included a a…
He is likely citing birth rates are less than death rates in most of the developed world. There is a bit of a lag effect in pop count because boomers and extensions of end of life. Japan is at the forefront of this and has more elderly in diapers than children. Another aside that's Interesting is their societys professional landscape is very ageist against youth. I don't know anything about how immigration impacts th…
Right, but even with lagging birth rights, US is still growing Yoy. It's not growing at the 2%/year it was a few years ago, but it's still net positive.