IT employment grew by just 700 jobs in 2023

Post by gabrieledarrigo » Mon, Jan 08, 2024, 9:11 PM UTC

Workaccount2 wrote: post #43

deathpanels wrote: post #25

Everyone is talking about layoffs and lack of hiring, but I've found the problem to be that companies are cutting costs by silently increasing workload on existing employees. Everyone is getting burnt out trying to keep a 300-person engineering team running on only 100 head count. That leads to more incidents, slower delivery, less innovation, longer hours. Even those who are still employed are seeing working conditi…

To me it looks like tech is just falling more in line with other industries pay/workload. I think there are many who joined the tech workforce during the pandemic thinking the norm was to make $135k while doing 10 hours of real work a week from home, twiddling a few lines of bootcamp level javascript to appease your largely absent boss. Many may forget, or not have been there, but 10-15 years ago tech jobs were notor…

Post by deathpanels » Mon, Jan 08, 2024, 9:21 PM UTC

deadghost wrote: post #185

orochimaaru wrote: post #36

Earlier quoted context omitted.

I think a lot of big-co are setting up subsidiaries overseas and hiring there. It's different from the contract based offshoring model that happened in 2007 or so which had rather disastrous results. I know my company has and plans to have almost 1/2 its IT workforce as direct employees overseas.

My previous company was doing this. I basically quit out of frustration. They weren't much better than picking random people off the street and pointing them at code. It bled into my work life when they took over a project I was on and was pinging me constantly with "hello" and "good morning" expecting to jump on calls with their teams to explain exactly how to do their jobs. An example to illustrate what I was worki…

Post by closeparen » Mon, Jan 08, 2024, 9:39 PM UTC

ptero wrote: post #200

closeparen wrote: post #173

Earlier quoted context omitted.

At the same time, US salaries are either $300k+ in the Bay Area or $0 and unemployed, there's still no appetite to let someone work for e.g. $150k in a normal metro area.

There are many large, stable, profitable companies that are hiring software engineers. They are not software houses, but they pay well for a comfortable life (outside of NYC and Bay Area) and offer good work-life balance. For some examples you can look at medical devices, utilities, manufacturing, IBMs and Walmarts and R&D departments of virtually any large non-software company. But there are frictions, too. Unless y…

Post by marstall » Mon, Jan 08, 2024, 9:49 PM UTC

Post by UncleOxidant » Mon, Jan 08, 2024, 10:01 PM UTC

thomascgalvin wrote: post #212

> Based on analysis of US Bureau of Labor Statistics data by Janco, news that the IT industry added just 700 jobs following an estimated 262,242 jobs lost amid mass layoffs is shocking, but not surprising. So it isn't that only 700 jobs were created, it's that despite the massive layoffs everyone is reporting on and focusing on, there was actually a small net positive in job growth. > Currently, there are almost 100K…