31–40 of 64 posts
this post is filled with ads and is a low effort rewrite of the OP post: https://www.challengergray.com/blog/october-challenger-repor... which has more info and did the original work. suggest swapping link for this post. would also pay some money to never see this awful site again on HN. by the time you scroll to paragraph 3 the screen is 50% filled with shoe ads and other random shit
I’m not from the us, so can someone give me some real perspective? If you have a couple years experience and you want to make at least ~50k a year, is it actually really hard to find a job in tech right now? Or is this more about senior people not being able to find ~100k a year jobs as easily?
In any case, my impression is that juniors are being hit the hardest. They're the easiest to offshore and the easiest to justify as being replaceable by AI (regardless of how true that actually is).
This is what one-on-one relationships with our employers gets us (where one-on-one means one worker's relationship to a chain of command, a department for compensation & benefits, ownership, board, and a network of investors & advisors coordinating on compensation, hiring practices, regulatory politics at a national level)
I’m not from the us, so can someone give me some real perspective? If you have a couple years experience and you want to make at least ~50k a year, is it actually really hard to find a job in tech right now? Or is this more about senior people not being able to find ~100k a year jobs as easily?
$100k a year in 2025 is like earning $55k a year in 2007, accounting for inflation and costs. The value of money and especially the dollar is getting printed away to worthlessness.
Earlier quoted context omitted.
If tech folks are laid off who is renting that insanely expensive housing in the coastal cities?
One thing that strikes me as odd, as someone not from the US, is that it’s kind of assumed that people are renting? I’d expect that lots of people in SV/Bay area would just buy the place, expensive as that might be.
Of course, modern condos will likely be cheaper but now you're paying HOA fees each month.
This is what one-on-one relationships with our employers gets us (where one-on-one means one worker's relationship to a chain of command, a department for compensation & benefits, ownership, board, and a network of investors & advisors coordinating on compensation, hiring practices, regulatory politics at a national level)
The alternative is unions correct?
I’m not from the us, so can someone give me some real perspective? If you have a couple years experience and you want to make at least ~50k a year, is it actually really hard to find a job in tech right now? Or is this more about senior people not being able to find ~100k a year jobs as easily?
Whether this is sustainable remains to be seen, there was a big outsourcing trend back in ~2004 in the tech industry here that ended up being somewhat short-lived as many companies realized those efforts were costing them more than they were saving them beyond the short term. Whether or not this time is different with the added AI component, I have no idea. I wouldn't bet on it in either direction.
Its not great out there for senior developers either, but on the senior side its more of a freeze (try not to lose your job because the next one may be very hard to find) whereas on the junior side its more of a clear contraction (keeping your job will be much harder, finding a new one harder still).
I’m not from the us, so can someone give me some real perspective? If you have a couple years experience and you want to make at least ~50k a year, is it actually really hard to find a job in tech right now? Or is this more about senior people not being able to find ~100k a year jobs as easily?
Junior jobs are very hard to find right now. They are much rarer than they used to be. However, if you are even somewhat capable you could probably find a role if you're willing to accept $50k total comp (which is very low in most areas) just by being willing to work for less than others.