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Sorry, grads: Entry-level tech jobs are getting wiped out

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Re: Sorry, grads: Entry-level tech jobs are getting wiped out

#22
post #4

Can sort of confirm that. Wiped out is maybe the wrong word - they are more heavily being off-shored right now. Whilst there is some very obvious evaluations going on of replacing juniors with , it's quite obviously not there yet but management level interest is off the charts. We are trying to motion against it as much as we can internally... by arguing that we can use as a good coaching/mentoring support for junior…

Well, in that case, if I may draw a stereotype, there’s a simple solution:

“If there’s a data breach, and a significant percentage of your programmers are offshore, penalties double.”

We all generally agree here that while some talent is excellent, the majority of companies outsource to the cheapest (or 2nd cheapest, just to be safe) option possible. Turn that into a calculated risk - if you hire a company and their sloppiness causes a data breach, that's on you with heavy penalties for negligence for not validating their work - not the company you hired.

Change the law so that if Bank of America hires Infosys, and Infosys outsources to some sweatshop, Bank of America is the one who must be directly held responsible for a failure.

Re: Sorry, grads: Entry-level tech jobs are getting wiped out

#23
post #4

Can sort of confirm that. Wiped out is maybe the wrong word - they are more heavily being off-shored right now. Whilst there is some very obvious evaluations going on of replacing juniors with , it's quite obviously not there yet but management level interest is off the charts. We are trying to motion against it as much as we can internally... by arguing that we can use as a good coaching/mentoring support for junior…

))) Wiped out is maybe the wrong word - they are more heavily being off-shored right now.

Once the next year of grads come, it is a wipe-out, because you now have multiple years of graduates competing for the same one position. Also, you often dont want damaged goods -- better to hire the fresh grad from this year's batch than a grad from 1 or 2yrs ago who has been unemployed.

the market is brutal

Re: Sorry, grads: Entry-level tech jobs are getting wiped out

#24

Is it AI or just good ol' offshoring? Mix of both? If AI can just make any dev 10-20% more efficient that's a whole lot of jobs no longer needed.

Mix of neither. Section 174 changes for amortization of R&D expenditures, overhiring during covid, higher Fed rates.

Re: Sorry, grads: Entry-level tech jobs are getting wiped out

#25

Commenting anon, because i'm very concerned about how we are leaving the industry for our children, and how little executives care about the future. 1. anything we used to give to entry-level we now give to offshore workers, typically in Asia. While mean wages metrics look great, the cost savings are an illusion because we spend twice as much time communicating and tacking back and forth to the final answer across ti…

> people are are told to hire h1 only -- not explicitly -- but implicitly

I've funded and worked at a number of companies in the Enterprise SaaS space, and that's bull. I'm not saving any costs with a Visa sponsored employee.

At that point I may as well fully offshore to a GCC.

Re: Sorry, grads: Entry-level tech jobs are getting wiped out

#26
The market right now is tough even for seniors not just entry level.

My observation in tech is most jobs are for specialists rather than generalists. Also senior level jobs are quite rare.

AI is not the only factor to blame, it’s mostly lack of growth and economic uncertainty, at least this is what I see in the UK.

Re: Sorry, grads: Entry-level tech jobs are getting wiped out

#27
It's not AI it's offshoring. This is what I've seen and heard throughout my network. Relentless cost cutting is sold to public and internal staff as AI productivity gains. But it's just on-shore staff reductions.

Moving support, design, development and product management away from customers and to the lowest bidder will work for a while. But eventually it won't and the pendulum will swing back in the other direction.

Re: Sorry, grads: Entry-level tech jobs are getting wiped out

#28

Is it AI or just good ol' offshoring? Mix of both? If AI can just make any dev 10-20% more efficient that's a whole lot of jobs no longer needed.

Mix of both. You can't justify hiring a new grad for $130K when you can hire top tier mid-career talent in Warsaw, Cluj, or Bangalore for $50-80K and average mid-career talent for $20-40k In fact, companies like Infosys have begun adopting coding copilots en masse to reduce their own new grad hiring by 20%, but increase utilization rates from 70% to 85%. That said, most new grads were not getting substituted by Infos…

80k in a rural area outside of Bangalore would be an absolute killing.

The real hack here is to avail yourself of a digital nomad or engineer yourself an employment visa via some shell company and then live in the 3rd world while crushing the competition via 1st world education and language skills while passport broing somewhere with lax or unenforced visa rules.

Re: Sorry, grads: Entry-level tech jobs are getting wiped out

#29
post #12

There are a number of industries where you may need experience to become more productive than AI, but nobody wants to hire you when AI is more productive in the first couple of years. Is there a good equilibrium for this, or does it end up with each company saying "We won't hire the juniors, just the experienced people" and then finding there aren't enough experienced people around?

Perhaps by juniors banding together and making new startups which outcompete the dinosaurs - a tale as old as time (or tech startup capitalism, anyway, so since the 1990s).

Re: Sorry, grads: Entry-level tech jobs are getting wiped out

#30

Commenting anon, because i'm very concerned about how we are leaving the industry for our children, and how little executives care about the future. 1. anything we used to give to entry-level we now give to offshore workers, typically in Asia. While mean wages metrics look great, the cost savings are an illusion because we spend twice as much time communicating and tacking back and forth to the final answer across ti…

> people are are told to hire h1 only -- not explicitly -- but implicitly I've funded and worked at a number of companies in the Enterprise SaaS space, and that's bull. I'm not saving any costs with a Visa sponsored employee. At that point I may as well fully offshore to a GCC.

))) Yeah that's bull. I'm not saving any costs with a Visa sponsored employee.

It often isnt about saving money, it is about having fragile immigrant workers on a leash that you can control with the constant threat of layoff--->deportation

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