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The tech jobs bust is real. Don't blame AI (yet)

economist.com

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Re: The tech jobs bust is real. Don't blame AI (yet)

#201

Post by throwaway422432 »

Madmallard wrote: post #71
mikert89 wrote: post #70

Two big tech FAANG jobs, org is 95% h1b engineers from china/india. Tons of resumes from american grads somehow never hit my desk, continue to interview random candidates from india with some low quality USA masters from missisipi state. Candidate has spent the last year locked in a room memorizing algorithm interview questions

Why are we letting tech companies in the USA do this?

It's not just the USA, all Western countries are on a path of mass immigration: software, engineering and health services in particular.

A big factor has been diversity quotas to make organisations DSG numbers meet the requirements of institutional investors, political pressure and activists.

Problem is: pushing diversity into traditional male roles didn't result in boys diversifying into non-traditional roles such as nursing and teaching, and now you have those other roles being filled with immigrants to make up for the shortfall. And those immigrants don't care for diversity.

Re: The tech jobs bust is real. Don't blame AI (yet)

#202

Post by Yizahi »

lateforwork wrote: post #92
Madmallard wrote: post #71

Earlier quoted context omitted.

Why are we letting tech companies in the USA do this?

Because if we didn't we wouldn't have a tech industry? The main problem with immigrant talent in computer field is that legislators don't understand the difference between IT and Tech product development jobs. IT jobs don't need immigrant talent, so companies like Accenture, Infosys etc. should not be given H-1B visas. But tech companies like Google, Meta, Apple, OpenAI etc. absolutely need immigrant talent, or they…

Outside of the Default country what you call product development is a part of IT, along with QAs, SDETs, Devops and others. All of that is IT globally. And what USA calls IT is called system administration or something similar.

Re: The tech jobs bust is real. Don't blame AI (yet)

#203

Post by ghaff »

roryirvine wrote: post #191
ghaff wrote: post #178

Earlier quoted context omitted.

I'm sure you'll find a variety of answers. Often mid-management jobs in possibly tangentially related industries. Basically retired early, or pursued a hobby business, if they could afford to do so. In my case an industry analyst job for about ten years until I went back to marketing for a software company.

And lots of people early in their careers never got another job at the same level again. One sysadmin I worked with ended up as a taxi driver. A core network engineer eventually retrained as a school lab technician. Two devs both spent a decade doing tech support at a call centre before bouncing out of tech altogether. Things started picking up again around 2005-6, but for a couple of years there was nothing . Much,…

Yep. I was lucky and lucky I had a network. Lots of people probably ended up working at Starbucks or, at least, working in at best peripherally connected occupations that paid a fraction of what they were making or what they expected to make.

Certainly, in my case, lucky as I was, it wasn't until my next job that I was really making "good" compensation a decade or so later.

There was a period when the $200K-$300K job was a given for many in development. Easy for that to vanish in a puff.

Re: The tech jobs bust is real. Don't blame AI (yet)

#204

Post by thatfrenchguy »

newfriend wrote: post #146
lateforwork wrote: post #135

Earlier quoted context omitted.

> having workers with limited negotiating power Sorry, this is 100% false. Companies like Google, Microsoft, Apple, Meta etc. do not hire H-1Bs in order to depress wages. That does happen, but not at these companies. It typically happens when hiring IT workers.

The mere presence of H1-B workers depresses wages systemically.

You essentially have no data to back this up though, especially given the filed H1B/L-1 labor data for big tech is first year of employement with only base salary, which bears no ressemblance to what their wages will be even just 3 years in.

Re: The tech jobs bust is real. Don't blame AI (yet)

#205

Post by throwaway1492 »

Aurornis wrote: post #186
throwaway1492 wrote: post #175

Earlier quoted context omitted.

It doesn’t, I have one of these jobs on my resume and I simply don’t mention the others. Who would know if I don’t tell them? The IRS knows I had 3 w2s but they don’t know the dates of employment. It does so happen all three companies used the same large payroll management provider, so that company knows, but it would be pretty bad to share customer data wouldn’t it?

Hiring manager here. There are actually new tools from the background check and payroll providers to detect some of these past situations. > It does so happen all three companies used the same large payroll management provider, so that company knows, but it would be pretty bad to share customer data wouldn’t it? You may be in for a surprise.

Doesn’t affect me. I personally stopped in 2023, plus I can retire anytime thanks to the money I made then and Taco.

Re: The tech jobs bust is real. Don't blame AI (yet)

#207

Post by bookofjoe »

gerdesj wrote: post #41
bookofjoe wrote: post #26

Earlier quoted context omitted.

I'd happily provide one but I've had enough of being repeatedly trashed and denigrated here for posting too many archive links.

You could look at your denigrators and decide: "fuck you". Internet points are strangely attractive but not vital. You can always post with another account with a bit of effort too. I understand that you are pissed off (as am I too) but debating with an army of bots, LLMs, wankers and Russians is unfortunately the status quo, quotidien. On the bright side there are lots of lovely folk hereabouts with a large thing be…

“a bit of effort” is way more than the reward
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