Bosch aims to cut 1,200 jobs in software division by end 2026
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Re: Bosch aims to cut 1,200 jobs in software division by end 2026
#2Just a few days ago...
"Bosch Nutrunner Vulnerabilities Could Aid Hacker Attacks Automotive Production"
Re: Bosch aims to cut 1,200 jobs in software division by end 2026
#3Did Bosch make the fuel injectors for the VW diesels with the emissions cheat code? I wonder where the software for the cheat got done.
Re: Bosch aims to cut 1,200 jobs in software division by end 2026
#4How does one reconcile the numerous tech layoffs[0] with the fact that "US Jobless Claims Plunge to 187,000, Lowest Since September 2022"[1]? Is non-tech sector hiring making up for the tech losses?
A chief US Economist is quoted:
I would not take this result literally, but, at a minimum, it seems clear that layoffs remain quite low and are not trending higher in a meaningful way, he wrote in a note.
From what I'm hearing, that sentiment is not in alignment with tech right now.
[1] https://www.msn.com/en-us/money/markets/us-jobless-claims-pl...
Re: Bosch aims to cut 1,200 jobs in software division by end 2026
#5How does one reconcile the numerous tech layoffs[0] with the fact that "US Jobless Claims Plunge to 187,000, Lowest Since September 2022"[1]? Is non-tech sector hiring making up for the tech losses? A chief US Economist is quoted: I would not take this result literally, but, at a minimum, it seems clear that layoffs remain quite low and are not trending higher in a meaningful way, he wrote in a note. From what I'm he…
Software devs are moving to other industries, which desperately need them.
Re: Bosch aims to cut 1,200 jobs in software division by end 2026
#6How does one reconcile the numerous tech layoffs[0] with the fact that "US Jobless Claims Plunge to 187,000, Lowest Since September 2022"[1]? Is non-tech sector hiring making up for the tech losses? A chief US Economist is quoted: I would not take this result literally, but, at a minimum, it seems clear that layoffs remain quite low and are not trending higher in a meaningful way, he wrote in a note. From what I'm he…
Software devs are moving to other industries, which desperately need them.
What industries are we talking about?
Re: Bosch aims to cut 1,200 jobs in software division by end 2026
#7Did Bosch make the fuel injectors for the VW diesels with the emissions cheat code? I wonder where the software for the cheat got done.
How's that meaningful? (just interested in your line of thought).
Re: Bosch aims to cut 1,200 jobs in software division by end 2026
#8Earlier quoted context omitted.
Software devs are moving to other industries, which desperately need them.
What industries are we talking about?
Pretty much every industry needs developers. Grocery chains, banks, insurance companies, travel companies, airlines, defense, government, and so on. The pay is average and the work boring, but it’s plentiful.
Re: Bosch aims to cut 1,200 jobs in software division by end 2026
#9Earlier quoted context omitted.
What industries are we talking about?
Pretty much every industry needs developers. Grocery chains, banks, insurance companies, travel companies, airlines, defense, government, and so on. The pay is average and the work boring, but it’s plentiful.
The pay may be average, but the work doesn't have to be boring. Many of the big players in those industries do quite a bit of in house R&D, much of it every bit is interesting as what is happening at your average 'cool' software companies.
Re: Bosch aims to cut 1,200 jobs in software division by end 2026
#10How does one reconcile the numerous tech layoffs[0] with the fact that "US Jobless Claims Plunge to 187,000, Lowest Since September 2022"[1]? Is non-tech sector hiring making up for the tech losses? A chief US Economist is quoted: I would not take this result literally, but, at a minimum, it seems clear that layoffs remain quite low and are not trending higher in a meaningful way, he wrote in a note. From what I'm he…
Large sectors of the tech industry simply don't interact with the broader economy as a whole and was propped up by low interest rates and free VC money.
Once free money went away, everyone realized they actually need to make money and couldn't just sit on a army of developers not doing much to make money.
The economy as a whole is doing great according to pretty much every single measure.