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Girls in Tech closes its doors after 17 years

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Re: Girls in Tech closes its doors after 17 years

#43

Tech industry is imploding, there is no need whatsoever to push women (or men) into a career in tech that has very limited opportunities at the moment.

More like easy tech careers that pay big from the get-go after a bootcamp are imploding. Those workers with a lot of experience and those with the skills, passion and patience, willing to push through the rough tides will be rewarded in the end.

However, SW dev is still a tough career, requiring constantly learning the new things in your free time if you want to stay employable, that's not to be understated, especially considering the ageism in this racket, and how quickly things become obsolete compared to other credentialed professions where you're basically set for life once you get that piece of paper and not have to go through rounds of hazing interviews and take homes every time you want to switch jobs. It's not for everyone.

Re: Girls in Tech closes its doors after 17 years

#44
post #38
post #28

Earlier quoted context omitted.

The (economic) purpose of Girls in Tech is to create more workers in software so that prices for labor will go down. Given the layoffs of 2022-ongoing, labor costs in tech are dropping enough that interested parties aren't incentivized to increase the supply of labor further.

For the corporate donors, sure. Im sure the people running it were genuine though.

> Im sure the people running it were genuine though.

The people running it are getting paid to run it. It's a job. There are few people who do charity for charity but for most people I met working for non-profits, it was just a job for them. Doesn't mean they didn't love their work or did their best but at the end of the day they need a pay check like everybody else.

Re: Girls in Tech closes its doors after 17 years

#45
post #34

Just skimming the 2022 990, executive compensation was $285,170. Total expenses $1,904,475 on $2,005,994 in revenue.

Unfortunately this is normal, because running a non-profit is hard enough that suitable candidates command high salaries. I was on an NPO board with a similar ratio and we couldn't get it down.

That comp $ is very reasonable in the abstract, what's not reasonable is comp:revenue. You can't be paying 15% of your revenue to a single individual, because almost by definition they aren't performing well enough to justify that salary.

Re: Girls in Tech closes its doors after 17 years

#46
post #38
post #28

Earlier quoted context omitted.

The (economic) purpose of Girls in Tech is to create more workers in software so that prices for labor will go down. Given the layoffs of 2022-ongoing, labor costs in tech are dropping enough that interested parties aren't incentivized to increase the supply of labor further.

For the corporate donors, sure. Im sure the people running it were genuine though.

There was a bootcamp by me. They had a squeaky clean image but were getting big payouts from placing candidates in a local fortune 500. People get used to that money.

Re: Girls in Tech closes its doors after 17 years

#47
post #28

Non-profits closing means there is a financial reason; were there grants monies that ran out? Did another "women in STEM" non-profit get corporate sponsorship instead? The article doesn't say.

The (economic) purpose of Girls in Tech is to create more workers in software so that prices for labor will go down. Given the layoffs of 2022-ongoing, labor costs in tech are dropping enough that interested parties aren't incentivized to increase the supply of labor further.

> interested parties aren't incentivized to increase the supply of labor further

It's good when a profit-driven industry decides to stop trying to cut expenses.

Re: Girls in Tech closes its doors after 17 years

#48
post #23

[stub for offtopicness]

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Closing the age gap feels like an artificial goal. It’s like forcing 50-50 on a group. Id much rather see incentives that change behavior and whoever the heck is inclined to be in the group feels welcome and isn’t spooked.

Re: Girls in Tech closes its doors after 17 years

#49

Tech industry is imploding, there is no need whatsoever to push women (or men) into a career in tech that has very limited opportunities at the moment.

From my purely anecdotal experience, it's not imploding. It's just not a way to get a salary that's $250k+ as easily as it was.

If you enjoy software engineering and are willing to take a job in some place that's not SV, NYC, Austin, Seattle, etc. you can still find jobs that will allow an above-average salary and comfortable living. It's just not going to be at FAANG or Evil Omnicorp LLC.

Re: Girls in Tech closes its doors after 17 years

#50
post #20

Earlier quoted context omitted.

[flagged]

Please keep flamebait like this off HN. It leads to tedious internet tedium that inevitably turns nasty [1]. https://news.ycombinator.com/newsguidelines.html [1] https://hn.algolia.com/?dateRange=all&page=0&prefix=true&sor...

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