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The Coronavirus Recession and What It Means for Developers

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31–37 of 37 posts

Re: The Coronavirus Recession and What It Means for Developers

#31

I’m curious, as someone who wasn’t in this field in 2008, what was that period like for devs?

Generally not drastically different than the norm at the large (FAANG like) company I was at, but pay raises and bonuses were lower and harder to get and there were recurring lay-off rounds.

Re: The Coronavirus Recession and What It Means for Developers

#32

I’m curious, as someone who wasn’t in this field in 2008, what was that period like for devs?

> as someone who wasn’t in this field in 2008, what was that period like for devs

It was bad...

- Interviews required an IQ test (litterally some IQ test, where had to recognize numeric and geometrical patterns).

- Had to pay airline ticket to go to an interview, was never re-reimbursed (because the person who worked on the position I interviewed, decided to come back .. .so the recruiting agency did not re-reimburse)

- 60K per-year jobs (US) , required a 2 day take-home-and-code test.

12+ years of C++ would get you 40$ per hour, 3 months contract.

a PHP job with 2 year experience, required computerized test with about 60 or so questions.

Most resumes you send would never receive a reply. Recruiters were just building up their databases, and posted, most-likely fake job opportunities.

stuff like that...

Re: The Coronavirus Recession and What It Means for Developers

#33

Earlier quoted context omitted.

I'd love to invest in temporarily cheaply-priced Airbnb shares right now.

Until they solve the "I'm the condo owner so I have the right to broadcast naked fotos of your wife and daughters over the Internet" b.s., I wouldn't use or invest in Airbnb in any capacity.

Airbnb has more scumbaggery than just this, so I'm not really sad about their complacent employees not getting their stock options...

Re: The Coronavirus Recession and What It Means for Developers

#34
post #9

I'm currently about to change jobs. The company I'm leaving is a small AI company with much of its business coming in the form of speculative investments/proof-of-concept contracts from large corporations with research budgets. I'm mainly leaving because the new opportunity is more exciting. But between the economic downturn and the "AI autumn", I'm definitely feeling like I made the right decision. The new company i…

> unbeholden to investors, and it provides a very tangibly valuable service to an industry which itself provides a very tangibly valuable product if you wouldn't mind sharing, what do they build/provide?

This is the company: http://www.marginalunit.com/panorama.html

They provide a dashboard that helps electricity transmission companies make better bids on transmission contracts.

Re: The Coronavirus Recession and What It Means for Developers

#35

Earlier quoted context omitted.

> unbeholden to investors, and it provides a very tangibly valuable service to an industry which itself provides a very tangibly valuable product if you wouldn't mind sharing, what do they build/provide?

This is the company: http://www.marginalunit.com/panorama.html They provide a dashboard that helps electricity transmission companies make better bids on transmission contracts.

thanks for the link. looks like very cool and interesting place. I bet it's also recession proof. congratulations and also good luck it sure looks exciting :)

Re: The Coronavirus Recession and What It Means for Developers

#36

Earlier quoted context omitted.

This is the company: http://www.marginalunit.com/panorama.html They provide a dashboard that helps electricity transmission companies make better bids on transmission contracts.

thanks for the link. looks like very cool and interesting place. I bet it's also recession proof. congratulations and also good luck it sure looks exciting :)

Thanks :)

Re: The Coronavirus Recession and What It Means for Developers

#37

I didn't even think about the Airbnb IPO until I read this, pretty horrible timing for them.

Unity is working towards one too

Unity seems like it won't be impacted though? It might even do better if people are being quarantined. Games are good entertainment when you can't leave the house.
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