The coders should install a virus before they leave lulz
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01-01-2024, 08:44 AM #31
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01-01-2024, 08:45 AM #32
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01-01-2024, 08:47 AM #33
My initial reaction is to feel sorry for the Google employees likely to be laid off it sounds like. On the other hand Google is such a rotten company, with cancel culture, it is hard to feel all that bad. As often brought up AI will be going after white collar jobs in the future. White collar employees have been good at preventing job losses in the past and I suspect that will remain the case in the future, but who knows, and not everyone will be safe.
The state of California already is hurting financial, with close to a 70 billion dollar deficit. I can imagine if tech. companies are doing worse, laying off people, California's money problems will remain an issue in the future.
California’s Deficit is Bigger Than the Total Budgets of 10 States
Gov. Newsom wants to run for president on his record of turning California into a bankrupt, filthy, crime-ridden hellhole.
https://www.frontpagemag.com/califor...-of-10-states/
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01-01-2024, 08:50 AM #34
20 years ago companies started outsourcing jobs to India but then they pulled them back into the expensive Silicon Valley due to time zone differences and English communication skills. Plus the top engineers want to live in the Bay Area where the weather is nice.
It's really tough to work with someone in India with whom you have to wait a day for their reply.Make It a Great Day! Just call me Dusty. It's a Clown 🤡 World out there.
Christian Crew
Positivity Crew
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01-01-2024, 08:53 AM #35
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01-01-2024, 08:55 AM #36
ITT assumptions about those 30k being software devs.
Tech is corporate welfare that needs to be readjusted.
Too many project manager / product manager / business analyst jobs that get paid 150k base out of college for Female In Tech initiatives.
Big tech also hired way too many people over Covid with the expectation that they needed it for the extra load - not sure what upper management was thinking when Youtube and majority Google Services are scalable as ****.
Despite the cuts, the tech industry has grown over the past 5 years whilst other comparable industries like high finance have contracted a bit.
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01-01-2024, 08:56 AM #37
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01-01-2024, 09:03 AM #38
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01-01-2024, 09:05 AM #39
At least in electronics, the norm is that brand-new technologies get developed by stateside teams. As that technology goes through iterations and matures, it eventually becomes legacy, maintenence type work, and that gets offshored to India for 1/3rd of the labor cost.
Think of the Iphone. The camera on like the Iphone 10 was hot chit, but as we got to the Iphone 11, 12, and 13, that camera didn't really change. That's when it's time to offload it to Pajeetistan.
As far as why tech overhired... I suspect it's because there's a lot of groupthink and monkey-see in C suites. Say you're in Big Tech, and all your competitors are bringing wagies back to cagies 4x per week. If you say "we're fine staying remote", and your earnings fall next quarter, the lizard-men from Black Rock will "question your board's decision making", and might use their mountain of pension fund shares to oust you.
But if you return to office, and everyone else returns to office, and your earnings fall, you have a defense. "We were following best practices and blah blah blah". Then you stay on the board another year, and get another $20M stock grant and tickets to Davos that winter. With overhiring, it's the same deal. If Apple is hiring like mad, it's safe for you to hire too.
I believe in the weird notion that employees have to return value for their salary... but the stock market lost connection to economic fundamentals like that a long time ago.Last edited by FAPhaggot; 01-01-2024 at 09:23 AM.
FA Crew
Always Pick 1 Crew
"Experience is something you get right after you need it."
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01-01-2024, 09:06 AM #40
I agree it would only work if a really significant amount of the workforce was all located in the same place that's why they will do it en masse. In the meantime they are just importing cheap labor from those places to the u.s.
A friend does IT for a small local company whose specialty is bringing immigrants (mainly from India) to the states to score tech jobs at half the pay. Pretty clever actually-- tech companies hire them as a "recruiter" and they post ads for the jobs in no-name papers and after a period of time when nobody has responded they can claim that international options are fair game and they get some fella in India a green card, ship him here, and give him the 75k for the job that would be 150k for an American. A big portion of the saved annual salary goes to the recruiter as a finders fee. This company is like a handful of people and they go on international company retreats multiple times per year to stay in pretty lavish places, I know because my friend gets to tag along for free.HTC
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6'4" height of the gods
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01-01-2024, 09:09 AM #41
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if they have that many excess employees, AI had nothing to do with the layoffs.
Productivity and demand for their products did.
Remember this important fact. People will use the term AI today like they used God or witchcraft in the middle ages.
Some mythical unseen all powerful entity that seems to have nefarious control over every aspect of peoples lives."To be a warrior is not a simple matter of wishing to be one. It is rather an endless struggle that will go on to the very last moment of our lives. Nobody is born a warrior, in exactly the same way that nobody is born an average man. We make ourselves into one or the other."-- Carlos Castaneda
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01-01-2024, 09:19 AM #42
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01-01-2024, 09:22 AM #43
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01-01-2024, 09:22 AM #44
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01-01-2024, 09:23 AM #45
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01-01-2024, 09:23 AM #46
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01-01-2024, 09:27 AM #47
Probably never was qualified for a high income job, but got it, and now doesn't know how to even really work anymore. It's why having 6mo or more of unemployment it gets really hard to find a job because if someone has been off work that long, they basically forget how to work. No doubt, their incomes got them where they were spending a lot more than what they can make now.
This. I worked for companies back in the day where they had all these levels of management, each one paid more than the next, and they really didn't do anything except make sure the person below them was doing their jobs and evaluating them. They act as the go-between for those below them to those over them. Too many chiefs, not enough indians.
It's a huge problem with our government and why everything cost so much. You'll have several supervisors for every person actually doing the work.
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01-01-2024, 09:39 AM #48
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01-01-2024, 10:19 AM #49
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01-01-2024, 11:36 AM #50
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