They've gone to plant-based meat substitute companies. Such a high-growth industry has a lot of rolls - err, I mean roles! - to fill.
Where have all the laid-off tech workers gone?
151–160 of 451 posts
Re: Where have all the laid-off tech workers gone?
#152I can't find another job even with a FAANG background. The market is brutal. Maybe my only choice is to start a startup.
You can pretend to check ESG check boxes. I know several people who do this.
Re: Where have all the laid-off tech workers gone?
#153Earlier quoted context omitted.
Yeup. I had a similar comment above. I tried phone screening someone, and they had no working knowledge of the commercial apps that we integrate with, the databases we use, etc. And I can hire literally for half the price someone with working knowlege AND know they won't be resentful about the job....
Exactly. I'm also seeing this trend among new grads/early career SWEs. AWS, MongoDB, and all sorts of cloud first product companies have been plugging their software to the university system, and these kids come out of college w/o understanding of the computing layer below these products. Like they don't know what a server is, what a data center is, how storage works. Is that not being taught in CS programs?
Ugh. I've been interviewing Ops/Sec candidates lately, and I'm genuinely confused every time an experienced candidate struggles with their chosen shell.
Re: Where have all the laid-off tech workers gone?
#154Earlier quoted context omitted.
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.
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Re: Where have all the laid-off tech workers gone?
#155We 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…
> Only 56.7% of these people joined a tech company. There’s a very good chance that their new jobs are similar to their former jobs. Unfortunately, the term “tech” has become diluted to the point of worthlessness. Every company of any size needs programming, statistics, and such. Conversely many companies swept under the “tech” term don’t develop any technology at all. It’s so bad that actual technology development i…
In my head, "tech" refers to the segment of the labor market, not the product that the company produces.
We can race to the bottom on the true definition of "tech" as far as actually producing new technology but in this context it doesn't matter.
Re: Where have all the laid-off tech workers gone?
#156Earlier quoted context omitted.
> There’s a very good chance that their new jobs The linked blog post reads like the other 43.3% don't seem to have found any new jobs at all (if I'm reading it right). ("There could of course still be many that have found new jobs, which they might not yet update their profiles - a common practice on LinkedIn").
Zero of my friends laid off from google are even looking for a new job. My wife was always asking me to retire, but after a year or so she’d say “it would be good for you to have a job”. Then repeat. Retiring isn’t that fun when you’re in your 30s. So I suspect a bunch of them will be back in the job market eventually.
Its actually not that unexpected, a big contributor is inflation.
If you've any experience with Argentina, or other hyper-inflationary events, there comes a point where your labor is more valuable to you than what others are willing to pay you for.
When the store of value is degrading rapidly, and wages in general always lag, those with options will do something else.
Most companies I know simply are unwilling to adjust their wages for inflation. When we were in a 2% inflationary environment, and that 2% could be counted on year after year as being stable, it was more reasonable.
With inflation in the double digits, with real inflation according to previous more accurate methods showing roughly a ~33% loss in value YOY, and the corresponding increase in taxes (as inflation increases your taxes increase as you enter higher tax brackets for the same value), it makes a lot more sense to use your efforts for yourself instead of being on the open market.
Factor markets and producers decide what they are willing to accept, and with a moving goal post in terms of a currency store, it makes more sense to wait in sheltered assets and produce goods you'll use.
People in general won't accept doing $1,000 in work and by the time they can spend it only having $700, or worse for example $1.
Do you think they will continue doing that work moving forward if they have no expectation of getting anything comparable in value in return?
Re: Where have all the laid-off tech workers gone?
#157Re: Where have all the laid-off tech workers gone?
#158Laid-off tech worker here. (backend engineer, ruby/rails/javascript). 5 years of experience. I'm working on not ever going back into tech. I've changed careers a number of times in my 34 years of life, and am doing it again. I'm only a mediocre software developer, have always had strong people/business skills, informed by my pre-software experience of commercial construction, teaching/training at a climbing gym, cust…
How many other laid off tech people are there in Bali?
Re: Where have all the laid-off tech workers gone?
#159Earlier quoted context omitted.
> There’s a very good chance that their new jobs The linked blog post reads like the other 43.3% don't seem to have found any new jobs at all (if I'm reading it right). ("There could of course still be many that have found new jobs, which they might not yet update their profiles - a common practice on LinkedIn").
Zero of my friends laid off from google are even looking for a new job. My wife was always asking me to retire, but after a year or so she’d say “it would be good for you to have a job”. Then repeat. Retiring isn’t that fun when you’re in your 30s. So I suspect a bunch of them will be back in the job market eventually.
> Retiring isn’t that fun when you’re in your 30s
I would kill to retire. All I want to do is make art, music, cook, hike, kayak, and travel on the cheap. I have about.... 1/20th of the savings needed.
Re: Where have all the laid-off tech workers gone?
#160Laid-off tech worker here. (backend engineer, ruby/rails/javascript). 5 years of experience. I'm working on not ever going back into tech. I've changed careers a number of times in my 34 years of life, and am doing it again. I'm only a mediocre software developer, have always had strong people/business skills, informed by my pre-software experience of commercial construction, teaching/training at a climbing gym, cust…
How many other laid off tech people are there in Bali?
good question. No idea. I didn't ask, and wasn't there as a laid-off tech worker. :) I was visiting a friend who moved there a decade ago, and scootering around the island.
So, I had good food, met lots of interesting people, read books in beautiful places, and saw beautiful sites.
I called it 'a research trip for bringing better scooter norms to the USA'. Bali's scooter game is fire!