Business Big Tech Layoffs Megathread - Techbros... we got too cocky...

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Since my previous thread kinda-sorta turned into a soft megathread, and the tech layoffs will continue until morale improves, I think it's better to group them all together.

For those who want a QRD:


Just this week we've had these going on:

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But it's not just Big Tech, the vidya industry is also cleaning house bigly:

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All in all, rough seas ahead for the techbros.
 
Which is also a bit misrepresentative, with like 26mil of that being a one-off stock vesting bonus, alongside the usual performance bonuses. Per Oracle:
Ms Maxson will receive an annual base salary of $950,000 and will be eligible to receive an annual performance-based bonus with a target of $2,500,000 based on achievement of certain performance metrics, which will be prorated for the period from her start date of April 6, 2026 until Oracle's fiscal year end on May 31, 2026,
And she gets the rest of the 26 mil over time if she can keep them happy enough to not be removed, and considering they're reporting hundreds of millions in cashflow deficit, that's almost assuredly her job to fix it. Very much a "If you last long enough to turn around the boat, you last long enough to get the actual big money such a venture would be worth".
 
Damn, well there goes my hopes and dreams…

It’ll bounce back, I’m sure.
2020 has been a disaster for tech, and really most of the job market. I honestly don’t even know what one could recommend Zoomers at this point for high salary, high status work. The only one I know that makes six figures got lucky with Chemistry. I think the general thought process now is just to wait things out, the market is incredibly unpredictable at this current time even if things are seemingly getting better.
 
Damn, well there goes my hopes and dreams…

It’ll bounce back, I’m sure.
2020 has been a disaster for tech, and really most of the job market. I honestly don’t even know what one could recommend Zoomers at this point for high salary, high status work. The only one I know that makes six figures got lucky with Chemistry. I think the general thought process now is just to wait things out, the market is incredibly unpredictable at this current time even if things are seemingly getting better.
Probably ramping up on using AI (and lying to get the first job) and getting ready to create a pajeet cleansing service. The last thing the US needs to to let the Indians take over IT as a tech caste that just constantly fucks everything up.
 
It’ll bounce back, I’m sure.
2020 has been a disaster for tech, and really most of the job market. I honestly don’t even know what one could recommend Zoomers at this point for high salary, high status work. The only one I know that makes six figures got lucky with Chemistry. I think the general thought process now is just to wait things out, the market is incredibly unpredictable at this current time even if things are seemingly getting better.
How you should view the industry depends IMO. 2020 was a serious boon for me as it got me through the door and with it gave me my career. I do not deny I lucked out heavily with the timing, but I wouldn't say Covid was a complete wash for the industry. The key is arguably that tech is solidifying into a boom-bust cycle more (in)famous for mining/extraction courtesy of the ludicrous amount of cash flying around and how impulsive the angel/VC investor is. If you like the work I wouldn't discourage you from persisting with it (you will never lack for stuff to do if you know your shit, especially with AI being the rage), but the time for anyone after a guaranteed easy six figures and cushy job for minimal intelligence and negligible work has long passed.
 
I honestly don’t even know what one could recommend Zoomers at this point for high salary, high status work.
Never has been. There's always this odd illusion of some space being better than others as some universal blanket, when the reality of even the 2000's tech boom was that for every facebook engineer you had a bunch of people in the near-100k bracket working on some bank database software that'll make you sound like a gigagsperg if you tried to discuss it, no status or recognition at all.

The only real good modern advice is the don'ts, not the do's. Don't pursue abstract arts seriously, don't pursue the humanities seriously (Minors/hobby learning are fine but the only use for a history major degree is teaching history students, and that's hundreds of grads to one professor slot), don't just trend chase a 'recommend' field you don't care about because you think it'll be successful. Don't just get a degree for the sake of getting one.

The biggest don't I can offer is "Don't look to your job for meaning in life". We're such a hyperspecialized civilization at this point that the supermajority of jobs are going to feel meaningless because they're such a tiny slice of a greater whole. You never see any meaningful impact or change for most of it, and it'll effectively be chipping away at the same problems for most of your life. Find meaning outside of work, and then use that work to fund and fuel those pursuits. There's nothing wrong with taking a boring ass business administration type degree, finance and the like, because it's ok paying, available just about anywhere your passions might take you, and stable office hours make it compatible with the majority of hobbies and lifestyle pursuits. A joking addition is that "Clubs, travel and pussy are not meaning". Ideally you want something physically you do and something constructive you do. Work the body, and satisfy that urge to add to the world in some way that most of us have.
 
@Scale Smerch and @Kuritan Deplorable should say I was responding to the post in the pic talking about how people aren't impressed by tech anymore, that it isn't sexy. My whole question was for the Twitter user as to what industry would be the new hot thing at this point? What is really taking over the tech space in terms of this? Then saying that tech will pretty clearly bounce back as per @Scale Smerch mentioning the boom-bust period, probably even a year from now.

American industry as a whole appears to be in a bit of a lul this decade (something I should clarify when I say 2020). Zoomers at large just aren't getting hired, especially for those coveted roles Twitter OP mentions.

Personally, I agree with everything you guys are saying, I just think it will be a waiting period for the economy at large to unscrew itself after decades of poor decisions. Tech is a boom-bust, it will probably end up being that big boom again, and likely sooner than most realize.
 
2020 has been a disaster for tech, and really most of the job market. I honestly don’t even know what one could recommend Zoomers at this point for high salary, high status work. The only one I know that makes six figures got lucky with Chemistry. I think the general thought process now is just to wait things out, the market is incredibly unpredictable at this current time even if things are seemingly getting better.
It's the same as it's always been - just don't be a complete moron and find a place and a path that works for you with an emphasis on actual useful soft skills on top of corresponding hard skills.

Also trades, trades, and trades always.
 
"Context rot". Nice ragebait.
You nailed it, sorta. This is investorbait. Strong assertive claims, promises of disruption and evolution, making up or exaggerating encounters regarding your business and product, all of its just to make smoothbrained investors think "this guy has/will figure out something we haven't, wouldn't hurt to get a foot in the door at the ground floor."

Making it hostile to non-investors gets attention, and attention makes it more likely the actual target audience sees it. When this shit gets memed and shared around, the less involved investors see it too. Lotta retards who still pass the regulatory hurdles around venture capital, and these guys spear fish for 'em.
 
The last thing the US needs to to let the Indians take over IT as a tech caste that just constantly fucks everything up.
For that to happen US citizens would need to get a whole lot more open about discussing ethnicity and in-group preferences, something they have been taught not to do for decades.

Try to image an actual US politician coming out and pointing his finger squarely at Indians and accusing them of doing exactly what they're doing. That's political suicide, the left would eat him alive.

Also, good luck finding such a politician, since they all know AIPAC and other ethnic lobbies are the one that butter their bread.

And that's ignoring that large swathes of the American IT industry are already captured by the shit golems. CISCO is so bad the jeets are now actively discriminating against each other and carving the company out across caste and regional lines. MicroSoft is also completely fucked, and one needs to just take a look at the number of jeet CEOs to see where things are going.

Basically, US citizens need to get a lot more racist, and fast.
 
Which is also a bit misrepresentative, with like 26mil of that being a one-off stock vesting bonus, alongside the usual performance bonuses. Per Oracle:

And she gets the rest of the 26 mil over time if she can keep them happy enough to not be removed, and considering they're reporting hundreds of millions in cashflow deficit, that's almost assuredly her job to fix it. Very much a "If you last long enough to turn around the boat, you last long enough to get the actual big money such a venture would be worth".
not to sound like a raging misogynist but i see this and just have to autistically ramble how i have no faith in women who occupy positions of leadership and high authority. they are a net detriment to everything, and men should never be working under women. any female in the c-suite who does an actual good job is a very rare exception to the rule. i find it very tiresome how even shit jobs almost always have women taking assistant manager and managerial roles while men slave under them for nothing and no hope of promotion, but, of course, it's always old white fucks in the even higher positions.
 
No, they'll just hire Indians instead, and expect the non-jeets they approach to work for jeet rates.
Probably, but I hold out an interesting element of hope. Specifically, one of the quiet undertones of the 'AI Revolution' was the implication that these teams were desperate to find ways to make their 'weak performers' output code of much better quality while maintaining or increasing quantity. AI didn't merely promise more core, but better code. And the most vocal places aiming to use this to increase their code quality were also the ones most flooded with jeets. Hell, it was the senior jeet leadership most excited about being able to get rid of the other jeets with it entirely.

There was a bubbling sentiment before the AI stuff that outsourced code was ultimately not worth the cost of maintaining the terrible quality and tech debt associated with the 'talent' that created it. AI offered the potential to 'salvage' those cheap jeets with technology that'd make them competent. With its demise, that escape falls with it.

I don't doubt that they'll want to continue driving developer costs down, and I don't doubt they'll keep trying to find ways to integrate jeetcode safely anyway. But I do doubt that they'll just keep with the jeetpocalypse. We're gonna see AI be replaced with some 'next big thing' field, robotics maybe, and all the tech focus will pivot to there, and software dev as a foundational space will ween itself off the worst of the jeetery now that the attention and PR push is no longer on it.

Techbros... are we back?
If you were a competent, employed developer before 2020, you're probably fine. You've got the skills, connection and experience to keep going as the industry right-sizes to the pre-pandemic, pre AI workforce size. Its the people that tried to join the industry when they were hiring anyone with a pulse in 2020 that're gonna be fucked, and the apocalypse for junior levels will continue as they fight over the scraps and companies cut juniors more and more and focus on 'higher value' talent, assuming they'll be able to suddenly scale up again at a whim like they did to cause this. Short sighted on their part of course, but that's never stopped them.
 
No, they'll just hire Indians instead, and expect the non-jeets they approach to work for jeet rates.
This was always the plan. Immigration from India into the West is here to stay. The reason is that corporations actively want to take in Indians for the following reasons:

1. They are cheaper to hire. They're willing to take on lesser salaries than native workers from a given country. This, in turn, becomes the new normal wage, lowering wages across the board.

2. Diverse workplaces are less likely to unionize, making workers more vulnerable.

3. To expand on 2 a little bit, Indians in particular have the caste system and izzat, which combined with affirmative action means that they are further incentivized to take over companies and only hire their own while creating a miserable work environment for anyone not of their group.
 
This was always the plan. Immigration from India into the West is here to stay. The reason is that corporations actively want to take in Indians for the following reasons:

1. They are cheaper to hire. They're willing to take on lesser salaries than native workers from a given country. This, in turn, becomes the new normal wage, lowering wages across the board.

2. Diverse workplaces are less likely to unionize, making workers more vulnerable.

3. To expand on 2 a little bit, Indians in particular have the caste system and izzat, which combined with affirmative action means that they are further incentivized to take over companies and only hire their own while creating a miserable work environment for anyone not of their group.
Tech bros would never unionize anyways though
 
This was always the plan. Immigration from India into the West is here to stay. The reason is that corporations actively want to take in Indians for the following reasons:

1. They are cheaper to hire. They're willing to take on lesser salaries than native workers from a given country. This, in turn, becomes the new normal wage, lowering wages across the board.

2. Diverse workplaces are less likely to unionize, making workers more vulnerable.

3. To expand on 2 a little bit, Indians in particular have the caste system and izzat, which combined with affirmative action means that they are further incentivized to take over companies and only hire their own while creating a miserable work environment for anyone not of their group.
All true. They have been running the same playbook since the 1960s, and likely were laying the groundwork for it decades prior.

Another thing with Indians is that not only is there the caste system, but also the fact they discriminate along geographical, ethnic and linguistic lines too. A brahmin jeet from Dikshit City that speaks Gobbledygook absolutely hates the brahmin from Sunkdep Town speaking the Gibberish dialect a dozen kilometers over and will absolutely refuse to hire him.

Cisco is a great example of end stage jeetification, the company is now so Indian that they've begun carving out parts of it among the various jeet groups, only hire based on ethnic + clan + caste allegiance and actively sabotage each other.

The issue the MBAs fail to grasp is that you can't do to the IT sector with jeets what they've done to agriculture and manufacturing with wetbacks. IT requires people with IQ in the triple digits and the ability to think creatively and solve problems, plus every successful IT company needs people with genuine passion for the product and job to deliver the results.

They were likely hoping AI would solve their woes, imagining that they'd have a jeet pushing the approval button while the AI does all the thinking, but no matter how much computation power you throw at LLMs, they aren't sentient and can't make the kind of logical leaps humans do.

Most of these tech giants are in for a rough time, since it's only a matter of when, not if, the jeets fuck up something so critical heads start rolling, forcing them to scramble to hire White contractors to fix the problem, and then try to hire back the White workers they fired as the jeet biomass keeps sabotaging everything the company is doing.
 
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