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Tech jobs market normalizing as July unemployment dips

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Re: Tech jobs market normalizing as July unemployment dips

#61

Post by red-iron-pine »

paulddraper wrote: post #40
Frost1x wrote: post #33

Earlier quoted context omitted.

Something reasonable needs to factor in the waves of inflation that have also occurred. TC was definitely over inflation at one point but in many places I suspect people are operating at a pay cut still. The never ending war on labor rates continues.

> needs to factor in the waves of inflation Yes, I would like that to be true, but inflation historically can and does happen independently of wage growth.

that's called "making you poorer" and is not something to defend or rationalize

Re: Tech jobs market normalizing as July unemployment dips

#62

Post by red-iron-pine »

tuckerpo wrote: post #4

I'd hardly call it normalizing. The acceleration of layoffs has decreased, nearing a zero-crossing, but we've still got 100,000s of unemployed engineers floating around in the market.

which market? where?

layoffs.fyi suggests 964 tech companies w/ layoffs ∙ 231349 employees laid off in 2023, and if you look at the actual site, a whole freakin lot of them are in different countries. additionally they don't make a distinction between DEI and STEM workers, just layoffs.

there may be 100k actual programmers -- IT staff, Product Managers, DEI, etc. -- but 50% of them are in India, London, Israel, or Croatia, and most of them were never going to interview for jobs outside of their country.

Re: Tech jobs market normalizing as July unemployment dips

#63

Post by paulddraper »

red-iron-pine wrote: post #61
paulddraper wrote: post #40

Earlier quoted context omitted.

> needs to factor in the waves of inflation Yes, I would like that to be true, but inflation historically can and does happen independently of wage growth.

that's called "making you poorer" and is not something to defend or rationalize

Certainly. Inflation is terrible and yet rationalized at every turn by economists.

Re: Tech jobs market normalizing as July unemployment dips

#65

Post by jhatemyjob »

frozenport wrote: post #58
jhatemyjob wrote: post #46

Earlier quoted context omitted.

Why ignore Google peeps? Cuz of salary expectations? Or cuz they suck?

For me its because they sucked: they had come to depend on a large Google ecosystem and were disruptively process oriented, occasionally "this is how we do it at Google." The expensive thing was also annoying, although we do have ICs making $300k. For director level staffing and people management Google guys were too abrasive, and didn't have their hands in the code - but that is a different story. But anyways can wa…

Fuck. I need to quit
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