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Tech employment now significantly worse than the 2008 or 2020 recessions

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Re: Tech employment now significantly worse than the 2008 or 2020 recessions

#12
Tech hiring is bad, for sure, but the the graph does not make a clear picture.

What is software publishers category? As it seems it’s picking up while Computer system design is the largest negative impact.

I would appreciate if there was a better chart explaining sort of roles and locations that had the largest impact

Re: Tech employment now significantly worse than the 2008 or 2020 recessions

#13
post #7

Earlier quoted context omitted.

on a personal level I was hired (by Microsoft, my first and only "big tech" job) in April 2020 and I am still working here... all these companies "over-hired" during the pandemic, and the term "covid hire" is even a thing..

I remember interviewing someone who got hired by Facebook, sat around for a few weeks for a team to open up while they went through onboarding / Junior training, then was let go. COVID did weird things to the industry, that's for sure.

I seem to hear often that Meta is perhaps the most egregious offender of "hire to fire". Seems really wasteful. But man, they pay their employees a lot.

Re: Tech employment now significantly worse than the 2008 or 2020 recessions

#15
In my experience, tech employment is incredibly bimodal right now. Top candidates are commanding higher salaries than ever, but an "average" developer is going to have an extremely hard time finding a position.

Contrary to what many say, I don't think it's simple as seniors are getting hired and juniors aren't. Juniors are still getting hired because they're still way cheaper and they're just as capable as using AI as anyone. The people getting pushed out are the intermediates and seniors who aren't high performers.

Re: Tech employment now significantly worse than the 2008 or 2020 recessions

#18
post #15

In my experience, tech employment is incredibly bimodal right now. Top candidates are commanding higher salaries than ever, but an "average" developer is going to have an extremely hard time finding a position. Contrary to what many say, I don't think it's simple as seniors are getting hired and juniors aren't. Juniors are still getting hired because they're still way cheaper and they're just as capable as using AI a…

> and they're just as capable as using AI as anyone

Wouldn't the assumption be the opposite, in that AI is magnifying the decision making of the engineer and so you get more payback by having the senior drive the AI?

Re: Tech employment now significantly worse than the 2008 or 2020 recessions

#19
post #8

The ideal software engineer will code himself out of a job and be happy about it. Be that ideal. The shareholders are counting on you!

But LLMs are already doing this for us supposedly...

> But LLMs are already doing this for us supposedly...

Exactly my point. Encourage LLM adoption, faster, faster. Be excited about your homeless future, software engineers!

Re: Tech employment now significantly worse than the 2008 or 2020 recessions

#20

Interesting, this shows growth in open positions: https://www.trueup.io/job-trend

True but there is also a massive proliferation of ghost jobs. Dirty secret for a bunch of Series A places

Something needs to be done about these bots, it is getting eerie. Yesterday a bot created an account named 100xLLM the moment I responded to it to respond back with.
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