Tech Layoffs Surge Past 100,000
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Tech Layoffs Surge Past 100,000
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Re: Tech Layoffs Surge Past 100,000
#2As bad as this is, I guess we've been luckier than many sectors. Here's to hoping we are able to pull ourselves out and create a stronger and more resilient economy for all.
Re: Tech Layoffs Surge Past 100,000
#3Does anybody know the percentage of coders in these numbers? I doubt the job security/demand for a good programmer has changed at all.
Re: Tech Layoffs Surge Past 100,000
#4100,000 is just a number in "tech" firms, which is a board category. 100,000 is a lot, but not really a lot compare to the current situation of the economy. You should look at how many of those layoffs are strategic, and many of them are just "cutting fats". I assume many company are using the time to cut their fats.
Re: Tech Layoffs Surge Past 100,000
#5Does anybody know the percentage of coders in these numbers? I doubt the job security/demand for a good programmer has changed at all.
I bet it has. No one is immune in a recession; quality, talented people get laid off of the time.
Re: Tech Layoffs Surge Past 100,000
#6Does anybody know the percentage of coders in these numbers? I doubt the job security/demand for a good programmer has changed at all.
You could always work as a company employee (seishain) at a major Japanese company. They essentially can't fire you. You essentially can't quit.
In times of economic uncertainty, this sort of arrangement holds a lot of appeal to people. Believe me though, oh boy, there are downsides to the expectation that worker and company are joined at the hip forever.
A common opinion among my friends: "No matter how bad it is, above all, don't quit. If you quit, you'll never work for a decent company again. You'll be hakken shain (temp) for the rest of your life, condemned to perpetually poor conditions and ceaseless economic uncertainty. It would be like being American, except with worse pay. looks around Sorry, Patrick. When I said like an American, I didn't mean like you. But you're not American, anyhow, so its OK."
Re: Tech Layoffs Surge Past 100,000
#7Does anybody know the percentage of coders in these numbers? I doubt the job security/demand for a good programmer has changed at all.
You could always work as a company employee ( seishain ) at a major Japanese company. They essentially can't fire you. You essentially can't quit. In times of economic uncertainty, this sort of arrangement holds a lot of appeal to people. Believe me though, oh boy, there are downsides to the expectation that worker and company are joined at the hip forever. A common opinion among my friends: "No matter how bad it is,…
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Re: Tech Layoffs Surge Past 100,000
#8Does anybody know the percentage of coders in these numbers? I doubt the job security/demand for a good programmer has changed at all.
I bet it has. No one is immune in a recession; quality, talented people get laid off of the time.
I'm betting there are some industries that are doing bumper business, and usually see a peak in a recession.
For some industries/products, the recession is great news I'm sure.
Re: Tech Layoffs Surge Past 100,000
#9Does anybody know the percentage of coders in these numbers? I doubt the job security/demand for a good programmer has changed at all.
absolutely. i was a programmer at yahoo for almost thirteen years and was laid off. i'm not worried about finding work again, but since i have a nestegg i think i will sit things out for a year or so since job reqs will likely be featuring lower salaries. this makes sense, if i was a hiring employer in a valley of perpetually overextended, consumption obsessed workers, i wouldn't offer top dollar either. people will be taking what they can get to pay their bills.
Re: Tech Layoffs Surge Past 100,000
#10Earlier quoted context omitted.
I bet it has. No one is immune in a recession; quality, talented people get laid off of the time.
I'm betting there are some industries that are doing bumper business, and usually see a peak in a recession. For some industries/products, the recession is great news I'm sure.
There's always exceptions. Some law firms essentially specialize in suing companies during a recession. Short sellers and proprietary trading firms are also doing well especially if they longed volatility. The other 99% of the states (world?) is struggling.