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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

#451
post #414
post #386

Earlier quoted context omitted.

Is this relevant to the question of whether we should replace the link? Seems like we're going to spend a lot of time running down the views of the UBO of every domain posted here.

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

#452
post #235

Earlier quoted context omitted.

Yup. You learn the most valuable information from watching how things break and then fixing them. It's kind of like when the FAA does crash investigation -- a stunning amount of engineering and process insights have been generated by such work to the benefit of all of us.

> You learn the most valuable information from watching how things break and then fixing them. Trust me, you get plenty of experience in this as a founding engineer in a startup. Many of these comments make me wonder how many people here have actually worked at an early stage startup in a lead role. You learn a lot about what's maintainable and scalable, what breaks and what doesn't, in the process rapidly iterating…

> Trust me, you get plenty of experience in this as a founding engineer in a startup.

Now be part of the team of folks that keeps that application running for 10, 20, 30 years. Now be part of the transition team to the new app with the old data. Those tasks will also teach you a lot about system stability, longevity, and portability... lessons that can only be learned with more time than a startup has.

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

#453
I have PayPal, Amazon, LinkedIn, >, >, > as a manager on my resume. I didn't get a call back after applying for two weeks.

I got 4 or 5 standard rejections.

I have non-English name so that definitely hurts. I have AP EAD which is a stage between H1B and Green Card and I still require sponsorship. It's complicated but I can't just switch to EAD right away.

It's not just engineers. It's managers and experienced people as well. Don't believe top comment that it is bimodal. Unless you are supertar (99.99%) it becoming hard to get noticed. I thought of going back to IC role but it is hard to pick up and do leetcode all over again. It is extremely hard with a special needs kids at home.

Any suggestions or recommendations for me?

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

#454
post #46

Anyone else's inbox slammed with recruiters, more than it ever has been in the past? Feels like there's 10x the jobs available, but perhaps it's just that LLMs have automated a recruiter's job and they're letting the slop fly

No, but it used to be. What mediums are you using for recruiters to contact you? Do you have a linked-in or are you applying directly to recruiting companies? Are you active anywhere else? Genuinely interested in how you're receiving so many recruitment emails. That used to be my go to way to hit the job market.

I'm not applying at all! Happy employed and not looking. They're mailing me through linkedIn (i have a profile, and it's not set to looking and i'm completely inactive there), and or finding my email on the internet somehow and going direct.

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

#455
post #200

Earlier quoted context omitted.

And also the section 174 change too, which suddenly increased the tax bill for any companies doing software development.

That has been undone now, though.

Has it? I haven’t seen anything about that.

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

#456
post #235

Earlier quoted context omitted.

Yup. You learn the most valuable information from watching how things break and then fixing them. It's kind of like when the FAA does crash investigation -- a stunning amount of engineering and process insights have been generated by such work to the benefit of all of us.

I don't think they're mutually exclusive. You could just as easily describe someone with bootstrapping experience as being like an FAA crash investigator who investigates take offs. You get to know exactly what works when moving fast and looking for quick results, and what dooms a short timeline to failure.

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

#458
post #453

I have PayPal, Amazon, LinkedIn, >, >, > as a manager on my resume. I didn't get a call back after applying for two weeks. I got 4 or 5 standard rejections. I have non-English name so that definitely hurts. I have AP EAD which is a stage between H1B and Green Card and I still require sponsorship. It's complicated but I can't just switch to EAD right away. It's not just engineers. It's managers and experienced people…

I understand this a lot.

I had managerial* position I ghosted because they had Leetcode literally written on the agenda.

* - managerial is replaced with Lead. Lead is expected to be hands-on as well as have serious managerial experience. Since it's easier to lie about managerial experience, you have people lying into these roles and becoming terrible managers.

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

#459
post #214

Earlier quoted context omitted.

I generally tend to interview every year to see what's out there in the world (sometimes I find something worth switching for, other times not). I'm not even looking very hard but have had 4 interviews in the last month. Personally I think it's a bit more nuanced than senior vs junior (though it is very hard for juniors right now). What I've seen a lot of hunger for is people with a track record of getting their hand…

> I'm very much a "builder" type dev that has more fun going from 0-v1 than maintaining and expanding scalable, large systems. Maintaining and expanding is more challenging, which is why I’ve grown to prefer that. Greenfield and then leaving is too easy, you don’t learn the actually valuable lessons. As experience shows that projects won’t stay in the nice greenfield world, building them can feel like doing illusory…

> Greenfield and then leaving is too easy, you don’t learn the actually valuable lessons.

You learn a ton of valuable lessons going from 0 to v1. And a ton of value is created. I guess I'm unclear how you're defining "actually valuable" here.

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

#460
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…

> "average" developer is going to have an extremely hard time finding a position.

As was foretold in the Tyler Cowen's eponymous 2013 book "Average Is Over".

In it he argued that the modern economy will undergo a permanent shift where "average" performance no longer guarantees a stable, middle-class life.

He predicted that the economy will split into two distinct classes: a high-earning elite (roughly 10–15% of the population) who thrive by collaborating with technology, and a larger group (85–90%) facing stagnant wages and fewer opportunities.

AI summary of the other key points of that book:

The "Man + Machine" Advantage: Success will belong to those who can effectively use smart machines. Cowen uses Freestyle Chess (teams of humans and computers) as an analogy, noting that human intuition combined with machine processing power consistently outperforms either working alone.

The Power of Conscientiousness: In a world of abundant information, the scarcest and most valuable traits will be self-motivation, discipline, and the ability to focus. Hyper-Meritocracy: Advanced data and machine intelligence make it easier for employers to measure an individual's exact economic value. This leads to extreme salary inequality as top performers are identified and rewarded more precisely.

A New Social Contract: Cowen predicts a future where individuals must be more self-reliant. He suggests society will move toward lower-cost living models for the non-elite, featuring cheaper housing and "bread and circuses" in the form of low-cost digital entertainment and online education.

EDIT: Notice how we're basically already here: Netflix is cheap, YT is free, Khan Academy and MIT OCW is free, Coursera/Udemy/etc. are cheap.

Stagnant vs. Dynamic Sectors: The economic divide is worsened by "low accountability" sectors like education and healthcare, where productivity is hard to measure and costs continue to rise, unlike tech-driven sectors that see rapid gains.

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